The Ghana Stock Exchange (GSE) witnessed an impressive trading session on Tuesday, with a total volume of 1,120,141 shares traded, marking a significant increase from the 324,396 shares recorded on Monday.
Despite MTN Ghana (MTNGH) experiencing a minor dip, the GSE Composite Index (GSE-CI) advanced to 6,062.20 points, up from 6,054.80, reflecting improved market confidence. Market capitalization also saw a rise, reaching GH¢133,328.34 million from the previous GH¢133,236.58 million.
Top Market Movers
- CAL Bank (CAL) emerged as the most actively traded stock, with 697,795 shares exchanging hands, generating a total value of GH¢556,845.
- MTN Ghana (MTNGH) followed with 262,944 shares traded, amounting to GH¢837,791.36.
- Enterprise Group Limited (EGL) saw notable activity with 99,963 shares traded at a total value of GH¢74,972.25.
Key Gainers and Losers
- Total Petroleum Ghana (TOTAL) recorded the highest price gain, rising by GH¢1.81 to close at GH¢19.92.
- CAL Bank (CAL) experienced a GH¢0.02 increase, closing at GH¢0.80.
- MTN Ghana (MTNGH), however, suffered a minor loss, declining by GH¢0.01 to close at GH¢3.19.
Stable Stocks and Market Performance
Several stocks, including GOIL (GH¢1.60), GCB Bank (GH¢6.53), and Fan Milk (GH¢3.70), maintained their previous closing prices, indicating market stability in key sectors.
Financial Sector Index Growth
The Financial Stock Index (FSI) rose to 2,894.64 from 2,892.19, showcasing steady performance in banking and financial stocks.
Key Highlights
- GSE Composite Index rose to 6,062.20 points.
- Total market capitalization increased to GH¢133.33 billion.
- CAL Bank (CAL) led trading with 697,795 shares.
- Total Petroleum Ghana (TOTAL) was the biggest gainer, rising by GH¢1.81.
- MTN Ghana (MTNGH) recorded a slight decline of GH¢0.01.
