Business News of Tuesday, 25 March 2025

Source: www.ghanaweb.com

GSE records surge in trading volume despite drop in Financial Stock Index

Financial Stock Index drops on the Ghana Stock Exchange Financial Stock Index drops on the Ghana Stock Exchange

The Ghana Stock Exchange (GSE) has witnessed a significant downturn as the benchmark GSE Composite Index shed 54.06 points to close at 6,126.08 points, bringing its Year-To-Date (YTD) return to 25.32%.

Similarly, the GSE Financial Stock Index dropped by 1.03 points to settle at 3,035.82 points, with a YTD return of 27.51%.

Market capitalisation declined by GH¢ 677.30 million, closing at GH¢ 135.84 billion.

However, trading activity surged as the volume of shares traded spiked by 507.79% to reach 5,766,574 shares.

This translated into a total trade value of GH¢ 48,884,471.93.

On the equities front, ACCESS Bank gained GH¢0.01 to close at GH¢8.27, while CAL Bank, MTN Ghana (MTNGH), and GLD recorded declined.

MTNGH dominated trading activity with 5,525,660 shares exchanging hands at a total value of GH¢ 17,248,922.15.

Other actively traded stocks included ACCESS, GLD, Ecobank Transnational Incorporated (ETI), and CAL Bank, rounding up the top five most traded equities.

Despite the dip in indices, the sharp rise in market activity has signalled strong investor participation.

Trading volumes and values have also significantly elevated compared to previous sessions.

SP/EB

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