The Ghana Stock Exchange (GSE) had a slightly quieter start to the week on Monday, 10 November, as trading saw a few ups and downs. The GSE Composite Index (GSE-CI), which tracks the overall performance of listed companies, closed at 8,172.30, down 56.86 points. The GSE Financial Stocks Index (GSE-FSI), which focuses on banks and financial companies, also dipped a little to 4,183.58.
Investors were busy exchanging over 1.2 million shares worth nearly GH¢ 3.92 million, bringing the market’s total value to GH¢ 162.53 billion. Despite Monday’s small dip, the market continues its strong run this year, with the GSE-CI up 67% and the financial index up 75% since January.
Looking at individual stocks, Cal Bank PLC (CAL) took the spotlight for the wrong reason, dropping 10% to GH¢ 0.36. Scancom PLC (MTNGH) slipped slightly to GH¢ 4.00, yet remained the busiest stock of the day, with more than 814,000 shares traded.
On the flip side, Clydestone Ghana PLC (CLYD) was a bright spot, climbing 7.7% to GH¢ 0.42, even though only 2,000 shares changed hands.
Monday’s session shows the market’s usual twists and turns, some stocks rise, some fall, but the big picture remains positive. With strong year-to-date gains and active participation from investors, Ghana’s stock market continues to show resilience.
