After a rollercoaster week on the Ghana Stock Exchange (GSE), Thursday’s session, February 27, 2025 saw a dramatic drop in trading volume, plunging from a massive 11.6 million shares on Wednesday to just 1.2 million. It was as if investors had taken a break after the midweek rush, leaving the market to settle into a more cautious mood.
Yet, despite the dip in activity, the GSE Composite Index (GSE-CI) ticked up slightly to 5,647.03 points, while the Financial Stock Index (FSI) edged up to 2,813.64 points, hinting at some resilience in key sectors.
The gainers of the day were MTN Ghana (MTNGH), which added GH₵0.02 to close at GH₵2.91, Benso Oil Palm Plantation (BOPP) also made a move, rising by GH₵0.06 to end at GH₵26.31, while CalBank (CAL) inched up GH₵0.03 to GH₵0.59.
On the other hand, NewGold ETF (GLD) suffered the biggest loss, shedding GH₵10.22 to close at GH₵428.68.
The market started slow on Monday with just over 1 million shares traded, picked up slightly on Tuesday, then suddenly exploded to 11.6 million on Wednesday—only to drop on Thursday. This kind of swing isn’t unusual, but it does raise the question: were investors cashing out after Wednesday’s frenzy, or was this just a pause before another big move?
Market capitalization, however, climbed from GH₵126.2 billion on Monday to GH₵127.6 billion by Thursday, showing overall growth despite the unpredictable trading volumes.
