GSE-CI slips marginally to 3,144 points

The stock that dominated both the volumes and value chart was MTNGH, with 11,228 shares traded. Following closely behind was SOGEGH, with 11,228 shares valued at GH¢17,624.16.

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The benchmark GSE-Composite Index (GSE-CI) experienced a slight dip, shedding 0.65 points to conclude the trading day at 3,144.44 points. Despite this minor setback, the index displayed robust performance, boasting an impressive year-to-date (YTD) return of 28.66%.

In parallel, the Financial Stocks Index witnessed a decline, slipping by 1.23 points to reach 1,951.44 points. This index, however, faced a YTD loss of -4.93%.

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Of note, SOGEGH, a prominent player in the market, recorded its first loss since June, with a decrease of GH¢0.01 to settle at GH¢1.57 per share. Consequently, this contributed to a decrease in market capitalization, which closed at GH¢73.94 billion after a reduction of GH¢7.09 million.

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During the trading session, a total of 62,565 shares changed hands, representing a total value of GH¢85,448.61. This trading day saw activity in sixteen different stocks. Notably, the volumes traded rose by 21.38%, while the turnover declined by 37.14% compared to the previous trading day.

The stock that dominated both the volumes and value chart was MTNGH, with 11,228 shares traded. Following closely behind was SOGEGH, with 11,228 shares valued at GH¢17,624.16.

Source: Norvanreports

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