Business News of Thursday, 20 March 2025

Source: www.ghanaweb.com

GSE Composite Index holds steady as market activity declines

Ghana Stock Exchange remains unchanged Ghana Stock Exchange remains unchanged

The Ghana Stock Exchange (GSE) Composite Index has remained unchanged at 6,154.92 points, maintaining its Year-To-Date (YTD) return at 25.91%.

Similarly, the Financial Stock Index closed the day at 3,029.04 points, reflecting a 27.23% YTD return.

Despite no movement in the major indices, the overall market capitalisation edged up by GH¢ 87,000 to settle at GH¢136.20 billion.

Market activity declines

Trading activity on the market saw a significant drop, with the volume of shares traded declining by 59.50% to 303,239 shares. This resulted in a total trade value of GH¢ 607,260.79.

Gold-backed Exchange-Traded Fund GLD was the only price mover for the session, gaining GH¢0.03 to close at GH¢452.25.

Top five traded equities

MTN Ghana (MTNGH) led trading volumes, exchanging 140,993 shares valued at GH¢ 446,442.95.

Other actively traded stocks included Ecobank Transnational Incorporated (ETI), CAL Bank (CAL), TotalEnergies Marketing Ghana (TOTAL) and Aluworks Ghana (ALLGH).

With no broad-based movement in equities, it appears investors are treading cautiously, awaiting catalysts that could drive market momentum in the sessions ahead.

SP/EK

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