The Ghana Stock Exchange (GSE) closed Thursday’s trading session on a positive note, with slight upticks in the major indices driven by price movements in a handful of key equities.
The GSE Composite Index inched up by 3.31 points to close at 6,061.59, while the GSE Financial Stocks Index, also added 3.51 points to end at 3,095.73. These marginal gains contribute to a robust year-to-date performance: the Composite Index is up 24.00% while the Other Index boasts a 30.03% rise.
Thursday’s session saw total trade volume reaching 2.41 million shares, valued at approximately GH¢12.73 million. Though this marked a dip from Wednesday’s peak volume of 4.92 million shares, investor interest remained evident in a cluster of price-changers that helped buoy market sentiment.
Among the notable movers was Enterprise Group PLC (EGL), which added 0.01 pesewas to close at GH¢2.66. GCB Bank PLC (GCB) also posted a modest gain of 9 pesewas, finishing at GH¢7.40, a move that reflects ongoing investor confidence in the banking sector.
Standard Chartered Bank Ghana PLC (SCB) saw its stock tick up by 4 pesewas to GH¢26.20, while TotalEnergies Marketing Ghana PLC (TOTAL) climbed 9 pesewas to GH¢24.51, contributing significantly to the market’s value turnover. TOTAL recorded one of the day’s highest trade volumes, with over 14,000 shares changing hands, translating into GH¢354,414.60 in value.
In contrast, NewGold ETF (GLD) saw a dip of GH¢5.60, closing at GH¢484.02. Despite this slip, it led the market in terms of value traded, raking in a staggering GH¢5.68 million on the day.
This week’s trading was shortened by a holiday on Monday, but volumes remained strong across the subsequent sessions. Wednesday stood out with the highest activity, almost 5 million shares traded and over GH¢16 million in value.
Market capitalization also saw consistent growth, rising from GH¢135.44 billion on Tuesday to GH¢135.48 billion by Thursday, suggesting steady confidence in the equities market.
