The Ghana Stock Exchange rose on Wednesday, with the GSE Composite Index advancing 40.51 points to 8,484.39 and the GSE Financial Stocks Index gaining 3.45 points to 3,931.17, continuing the market’s strong performance year-to-date.
Trading activity, however, fell sharply, with total volume declining to 1.52 million shares valued at GH¢19.21 million, down from Tuesday’s 9.9 million shares traded worth GH¢46.06 million.
Monday had seen 3.16 million shares exchanged for GH¢39.19 million. Despite the lower activity, market capitalization increased to GH¢166.73 billion from GH¢166.25 billion on Tuesday.
Energy and consumer goods stocks led Wednesday’s gains. TotalEnergies Marketing Ghana rose GH¢3.69 to close at GH¢40.65, Fan Milk gained GH¢0.54 to GH¢5.99, and Benso Palm Plantation increased GH¢0.25 to GH¢38.06. GCB Bank inched up GH¢0.03 to GH¢15.18.
In contrast, NewGold fell GH¢7.72 to GH¢482.09, while Unilever Ghana slipped GH¢0.19 to GH¢19.80.
The most actively traded stock was GCB Bank, with 1.13 million shares changing hands, while TotalEnergies recorded relatively low volume at 2,109 shares despite the sharp price rise.
