After months of steady gains, the Ghana Stock Exchange (GSE) Composite Index has dipped below the 6,000 mark for the first time since early March, signaling a potential shift in market sentiment.
At the close of trading on Wednesday, June 4, 2025, the benchmark index fell to 5,989.15 points, down 23.14 points from the previous day. The decline, though modest in percentage terms (-0.38%), is symbolically significant as it marks a break from the momentum that carried the index from 4,888.53 in December 2024 to a peak of 6,217.90 in March 2025.
The market has since struggled to maintain that high, with the index easing to 6,095.57 in April and continuing its gradual slide into June. Wednesday’s dip reflects this broader trend, even as year-to-date gains remain solid at +22.51%.
The Financial Stocks Index (GSE-FSI) also edged down slightly to 3,242.25, a 2.56-point drop, but it remains up 36.18% year-to-date, outperforming the broader market.
| Index | Previous (03/06/2025) | Current (04/06/2025) | Change | Year-to-Date Change |
|---|---|---|---|---|
| GSE Composite Index (GSE-CI) | 6,012.29 | 5,989.15 | ▼ 23.14 points | ▲ 22.51% |
| GSE Financial Stocks Index (GSE-FSI) | 3,244.81 | 3,242.25 | ▼ 2.56 points | ▲ 36.18% |
Despite the fall in index levels, trading activity surged, with a total of 5,759,793 shares exchanged on June 4, the highest volume recorded this week, generating over GH¢16.9 million in market value.
Three equities saw price movements:
- Cal Bank PLC (CAL) slipped by 2 pesewas to GH¢0.55
- Scancom PLC (MTNGH) also dipped 2 pesewas to GH¢2.80, despite trading over 5.6 million shares
- NewGold ETF (GLD) was the only gainer, rising by GH¢8.02 to GH¢358.88
Market capitalization also declined slightly to GH¢133.92 billion, from GH¢134.18 billion on Tuesday.
