MTNGH dominates activity on GSE with 6 million shares traded on Thursday

In Thursday’s trading session on the Ghana Stock Exchange, MTNGH emerged as the unrivaled leader, commanding a staggering 6,004,729 shares traded and eclipsing its closest contender, CAL, which saw 1,020,500 shares change hands. This surge in activity extended to other prominent stocks, including CPC, ETI, and UNIL, rounding out the top five traded equities for the day.

A remarkable total of 7,056,736 shares were exchanged, marking a remarkable increase of 3315.12%, while the corresponding traded value surged to GH¢8,938,967.73, representing a remarkable uptick of 3898.13%. Notably, eleven stocks were traded indicative of robust market activity.

CAL experienced a modest uptick, with its price edging up by GH¢0.02 to close at GH¢0.50. This upward movement propelled market capitalization to advance by GH¢12.53 million, culminating in a closure at the GH¢74.52 billion mark.

Against this backdrop, the benchmark index of the Ghana Stock Exchange, the GSE-Composite Index, inched upwards by 1.15 points, concluding Thursday’s session at 3,178.65 points and showcasing a commendable year-to-date return of 1.55%.

Concurrently, the GSE Financial Stocks Index witnessed a similar positive trajectory, ascending by 2.18 points to settle at 1,912.34 points by day’s end.

Source:norvanreports