The Ghana Stock Exchange (GSE) saw heavy action yesterday, Wednesday, August 20, as traders exchanged over 2.7 million shares worth more than GH¢10 million, the busiest day of the week so far.
Despite the surge in trading, the main index, the GSE Composite Index, slipped by 112 points, closing at 7,303.81, down from 7,416.16 on Tuesday.
Looking at the week so far, trading started slowly on Monday with just over 421,000 shares changing hands, then picked up slightly on Tuesday before spiking yesterday.
Market capitalization, the total value of listed companies, fell to GH¢149.54 billion, down from GH¢151.12 billion at the start of the week.
Among the stocks that moved yesterday, Ecobank (ETI) dropped slightly to GH¢0.79, Ghana Oil Company (GOIL) nudged up to GH¢2.21, and Scancom (MTN Ghana) slipped to GH¢3.85 after seeing heavy trading.
The week so far reflects a market with strong trading volumes and active participation, even as key indices recorded declines, highlighting a dynamic but cautious investor sentiment.
