Ghana’s stock market held firm on Thursday, September 4, with gains in Enterprise Group keeping the benchmark index in positive territory, even as overall trading slowed sharply from a midweek surge.
Enterprise Group touched its year high at GH¢3.00, up GH¢0.10, lifting the GSE-Composite Index to 7,321.59 points from 7,320.21 a day earlier. The move partly offset a marginal slip in NewGold ETF, which closed at GH¢415.21, and helped market capitalization inch up to GH¢149.55 billion.
The stronger performance in Enterprise Group could not hide the drop in activity, as turnover slid to just 481,172 shares valued at GH¢1.41 million. That stood in sharp contrast to Wednesday’s heavy trades, when volumes soared to 4.49 million shares worth GH¢14.19 million, marking the busiest session of the week so far.
Trading earlier in the week also showed uneven momentum. Monday opened on a quiet note with 547,175 shares valued at GH¢8.97 million, before volumes more than quadrupled on Tuesday to 2.76 million shares worth GH¢10.57 million. The pattern left the week defined by mid-session bursts of liquidity followed by a slowdown into Thursday.
Despite the fluctuations, sentiment has stayed broadly positive. The GSE-Composite has now advanced 49.77% since January, while the Financial Stocks Index is up 44.66%, reflecting continued investor appetite.
