New Gold (GLD) soars 40.04% YTD, closing at GH¢305.98
The latest trading figures underscore the resilience of Ghana’s stock market, with investors showing increasing confidence amidst positive corporate performances and market dynamics.
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
