New Gold (GLD) soars 40.04% YTD, closing at GH¢305.98

New Gold (GLD) during Thursday’s trading session on the Ghana Stock Exchange showcased impressive performance, closing at GH¢305.98 and registering a robust 40.04% year-to-date (YTD) return.

GCB also continued its upward momentum, gaining GH¢0.06 to settle at GH¢3.76. Additionally, UNIL saw its stock price appreciate to GH¢12.00. These positive movements contributed to a notable uptick in the total market capitalization, which surged to GH¢77,855.50 billion.

Thursday’s trading activities reflected a buoyant market sentiment, with the total turnover reaching GH¢151,746 marking a 23.90% increase from the previous session. The exchange witnessed trading across seventeen different counters, with the total volume traded skyrocketing to 29,963,778.61, an astonishing 15,067.13% surge.

Notable outstanding offers were observed for MTNGH at GH¢1.58, FML at GH¢3.20, CAL at GH¢0.40, and UNIL at GH¢12.00.

On the indices front, the benchmark GSE-Composite Index recorded a gain of 2.32 points, concluding the trading day at 3,464.13 points and pushing its YTD return to 10.67%. Similarly, the GSE Financial Stocks Index closed at 2,014.81 points, reflecting a YTD return of 5.95%.

The latest trading figures underscore the resilience of Ghana’s stock market, with investors showing increasing confidence amidst positive corporate performances and market dynamics.

Source:norvanreports