GSE-CI closes 12.66 points higher, posts 7.17% YTD returns

The benchmark GSE-Composite Index surged by 12.66 points, closing at an impressive 3,354.54 points, amplifying its year-to-date return to a commendable 7.17%.

Concurrently, the GSE Financial Stocks Index also experienced an upward trajectory, concluding the day at 2,002.31 points, reflecting positive sentiment within the financial sector.

Individual equities displayed notable performances, with GCB and MTNGH notably standing out. GCB shares appreciated by GH¢0.02, reaching GH¢3.42, while MTNGH witnessed a modest gain of GH¢0.01, closing at GH¢1.50.

The trading floor buzzed with activity as the market capitalization of the local bourse surged to GH¢76.49, reflecting robust investor confidence.

A staggering 3,235,998 shares exchanged hands, marking an exponential increase of 3670.07% in trading volume. The value of shares traded also soared to GH¢4,896,852.60, a remarkable upsurge of 4709.97%, underscoring the fervent trading of the day.

MTNGH emerged as the dominant player, commanding a trading volume of 3,209,205 shares, overshadowing CAL’s comparatively modest 9,145 shares.

Noteworthy contenders ACCESS, ETI, and GCB rounded up the top five most traded stocks, further illustrating the diverse landscape of investor interest.

Source:norvanreports