Trading Volume Drops by 9.48%, Value of Trades Falls 22.71% on a No-Price-Movement Day
Similarly, the GSE Financial Stock Index remained unchanged at 2,203.38 points, maintaining a YTD gain of 15.87%.
The Ghana Stock Exchange (GSE) ended the day flat, with the GSE Composite Index holding steady at 4,347.47 points. This leaves the year-to-date (YTD) return at 38.89%.
Similarly, the GSE Financial Stock Index remained unchanged at 2,203.38 points, maintaining a YTD gain of 15.87%.
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Total market capitalization remained stable at GH¢98.97 billion. However, trading activity witnessed a notable decline, with the volume of shares traded falling by 9.48% to 53,049 shares, down from 58,603 in the previous session.
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The value of trades similarly declined, dropping 22.71% to GH¢110,086.78 from GH¢142,428.32.
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MTN Ghana (MTNGH) dominated the session, accounting for the bulk of the trading volume with 49,094 shares exchanged, valued at GH¢105,552.10.
Other actively traded stocks, including SIC, CAL Bank, Aluworks Ghana (ALLGH), and Enterprise Group (EGL), saw significantly lower volumes. Despite the activity, the market remained muted, with no price changes recorded across the board.
Source:norvanreports.com
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