GSE witnesses a surge in trading activity as volume and value traded soar

The Ghana Stock Exchange witnessed a robust surge with 91,430 shares changing hands and commanding a substantial value of GH¢145,992.15. In a notable departure from the preceding session, trading activity saw a remarkable uptick, showcasing a staggering 499.31% rise in volume and a 167.78% surge in the overall value traded.

MTNGH led Monday’s trading session witnessing an impressive 76,558 shares exchanging hands. CAL secured the second position, with 7,080 shares valued at GH¢3,610.80. Other noteworthy contenders in the top five included ACCESS, TOTAL, and EGH.

Despite the fervent trading, the market landscape remained static, reflecting a constant market capitalization pegged at GH¢74.50 billion. No gainers or losers were observed during the day, leaving the market capitalization unchanged.

Turning to the benchmark indices, the GSE-Composite Index sustained its position without wavering, concluding at 3,195.46 points. This result maintained the year-to-date return at a commendable 30.75%. Simultaneously, the Financial Stocks Index exhibited resilience at the 2,042.09-point mark, with a marginal year-to-date loss of -0.51%.

Source:norvanreports