The Ghana Stock Exchange (GSE) saw gentle upward movement this week as investors showed steady participation and some key stocks posted gains.
The GSE Composite Index (GSE-CI) climbed 23.05 points on Thursday to 8,196.71, while the GSE Financial Stocks Index (GSE-FSI) rose slightly to 4,186.55, continuing a strong year-to-date performance with gains of 67.67% and 75.85% respectively.
Trading activity varied across the week. Monday recorded the highest volume at over 1.27 million shares valued at GH¢3.92 million, while by Thursday, activity slowed to 259,113 shares worth GH¢1.12 million. Overall, the market capitalization edged up to GH¢162.84 billion, reflecting steady investor interest.
Among the top performers, Benso Palm Plantation (BOPP) stood out, adding GH¢4.15 to close at GH¢45.70. Financial stocks such as Ecobank Ghana (EGH) and Trust Bank Gambia (TBL) also gained modestly, closing at GH¢15.52 and GH¢1.20 respectively.
Telecom operator Scancom (MTNGH) inched up to GH¢4.01, while NewGold (GLD) rose GH¢2.73 to finish at GH¢449.86. Meanwhile, Republic Bank Ghana (RBGH) experienced a slight dip, closing at GH¢1.23.
For many investors, the week’s trading reflected cautious optimism, as gains in key stocks provided pockets of encouragement while overall activity remained steady.
