The Ghana Stock Market gained on Tuesday, lifted by price increases in key companies, even though the number of shares traded dropped by almost half compared to the previous session.
The GSE Composite Index rose 6.5 points to 8,168.35, while the Financial Stocks Index advanced 8.33 points to 3,799.31. The total market value went up by about GH¢246 million, reaching GH¢162.59 billion.
Trading slowed, with 1.02 million shares worth GH¢4 million exchanged, down from 2.07 million shares worth GH¢8.36 million on Monday.
Fan Milk PLC led the gains, climbing GH¢0.06 to GH¢5.35 on the day’s largest trade value of GH¢1.26 million. Ecobank Transnational (ETI) and Societe Generale Ghana (SOGEGH) also edged higher, while Republic Bank Ghana (RBGH) slipped by GH¢0.01 to GH¢1.19.
Despite the lower trading activity, investor demand in financial and consumer stocks remained strong, keeping the market on an upward path.
