TOTAL and GOIL Post Gains as GSE Sees Significant Drop in Value of Shares Traded

The Ghana Stock Exchange (GSE) Composite Index edged higher to 4,347.47 points, bringing its year-to-date return to 38.89%, up from 38.86% in the previous session.

In contrast, the GSE Financial Stock Index remained flat at 2,203.38 points, with a 15.87% year-to-date gain.

Market capitalization saw a modest increase of GH¢9.51 million, rising to GH¢98.97 billion.

 

However, overall market activity was notably subdued. Trading volume plunged by 78.62%, with only 58,603 shares changing hands, down from 274,087 shares the previous day.

The value of traded shares also dropped sharply, falling to GH¢142,428.32 from GH¢8.49 million in the previous session.

Among the key gainers, TOTAL and GOIL advanced to GH¢12.66 and GH¢1.51, respectively.

 

MTN Ghana led trading with 39,814 shares valued at GH¢85,600.10, though volumes across the broader market were significantly lower.

 

Other notable stocks included CAL, GOIL, SIC, and EGH, but none matched MTN’s trading activity.

Source:norvanreports.com