The Ghana Stock Exchange (GSE) witnessed CAL Bank (CAL), GOIL, and Gold Fund (GLD) emerging as the day’s top gainers. CAL closed at GH¢0.38, GOIL at GH¢1.57, and GLD at GH¢416.20.
Trading Activity
MTN Ghana (MTNGH) led trading volumes, with 72,440 shares valued at GH¢188,344.00, followed by CAL, Societe Generale Ghana (SOGEGH), Cocoa Processing Company (CPC), and Clydestone (CLYD).
However, trading volumes saw a significant decline of 93.40%, dropping to 117,266 shares from the previous session’s 1,777,340.
The total value of trades also plummeted by 94.53%, closing at GH¢239,502.69 compared to GH¢4,800,890.54 in the prior session.
Indices Performance
The GSE Composite Index (GSE-CI) gained 2.45 points to close at 5,002.17 points, with a Year-To-Date (YTD) return of 2.32%.
The GSE Financial Stock Index (GSE-FSI) increased by 1.22 points to 2,388.38 points, reflecting a YTD return of 0.27%.
Market Capitalization
The overall market capitalization rose by GH¢64.05 million to GH¢113.01 billion, buoyed by gains in select equities.
Sector Highlights
Banking Equities For the Week
- Ecobank Ghana (EGH): Limited trading activity with 561 shares traded at a value of GH¢3,646.50. The stock remained at GH¢6.50, giving EGH a market capitalization of GH¢2.09 billion.
- Standard Chartered Bank (SCB): Recorded no trading activity, maintaining its share price at GH¢23.00, with a market capitalization of GH¢3.09 billion.
Mining Equities For the Week
- Asante Gold: No trading activity, with the share price unchanged at GH¢8.89. Market capitalization remains at GH¢4.17 billion.
- Atlantic Lithium Ghana (ALLGH): Traded 209 shares at GH¢6.12, totaling GH¢1,279.08. The company’s market capitalization stands at GH¢4.24 billion.
Petroleum Equities For the Week
- GOIL: Traded 1,025 shares valued at GH¢1,609.25, gaining GH¢0.05 to close at GH¢1.57. The company’s market capitalization is GH¢613 million.
- TotalEnergies: Recorded no trading activity, maintaining its share price at GH¢13.20, with a market capitalization of GH¢1.46 billion.
The day’s trading was marked by reduced activity, but gains in some equities provided positive momentum for the indices and overall market capitalization.
Source: norvanreports.com