The Ghana Stock Exchange (GSE) recorded notable activity during the trading week from Thursday, November 28, 2024, to Thursday, December 4, 2024, with the GSE Composite Index (GSE-CI) gaining momentum amidst stable performance within the financial sector.
The GSE-CI closed at 4,726.37 points on December 4, 2024, reflecting a gain of 21.33 points from its previous value of 4,705.04 points on December 3, 2024.
On the other hand, the GSE Financial Stock Index (GSE-FSI) remained static at 2,351.16 points throughout the week. Despite the lack of movement, the GSE-FSI has posted a year-to-date growth of 23.64%, while the GSE-CI has gained 50.99% year-to-date.
Weekly Trading Highlights
The trading week saw varying levels of activity, with the highest volume of 920,914 units traded on Monday, December 2, 2024, and the lowest at 7,812 units on Thursday, December 4, 2024. Market capitalization remained stable, ending the week at GHS 108,737.77 million.
Key Insights
- The GSE Composite Index (GSE-CI) increased by 21.33 points, from 4,705.04 points on December 3, 2024, to 4,726.37 points on December 4, 2024.
- The GSE Financial Stock Index (GSE-FSI) remained unchanged at 2,351.16 points throughout the week.
- The year-to-date performance for the GSE-CI is 50.99%, while the GSE-FSI’s year-to-date growth is 23.64%.
- Market capitalization as of December 4, 2024, stood at GHS 108,737.77 million.
- The highest trading volume was 920,914 units on Monday, December 2, 2024, and the lowest was 7,812 units on Thursday, December 4, 2024.
The Ghana Stock Exchange recorded steady performance over the week, with the GSE-CI showing an upward trajectory while the GSE-FSI remained stable. The consistent market capitalization and year-to-date growth reflect resilience in the equities market as 2024 draws to a close.
