GSE trade turnover plummets by 65.74% to GH¢63,236 on Monday

Meanwhile, the GSE Financial Stocks Index remained unchanged at 2,049.94 points, maintaining its YTD return of 7.80%.

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On Monday, the total trade turnover on the Ghana Stock Exchange (GSE) tumbled to GH¢63,236.10, marking a significant decline of 65.74% compared to the previous trading day (Friday).

The trading session saw activity in thirteen different equities, with the total volume of shares traded falling to 21,230.

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Benso Oil Palm Plantation (BOPP) closed at GH¢21.56, gaining a pesewa (GH¢0.01) on the day. This gain contributed to an increase in market capitalization by GH¢351,691, bringing the total market capitalization to GH¢83.93 billion.

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There were outstanding offers for Fan Milk Limited (FML), Société Générale Ghana Limited (SOGEGH), Unilever Ghana Limited (UNIL), and Guinness Ghana Breweries Limited (GGBL) at GH¢3.19, GH¢1.54, GH¢12.00, and GH¢4.44, respectively.

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The benchmark index of the Ghana Stock Exchange, the GSE Composite Index, recorded a slight increase of 0.03 points to close at 3,751.10 points, with a year-to-date (YTD) return of 19.83%.

Meanwhile, the GSE Financial Stocks Index remained unchanged at 2,049.94 points, maintaining its YTD return of 7.80%.

Source: Norvanreport

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