In Monday’s trading session marked by stability, the Ghana Stock Exchange (GSE) showcased resilience with its benchmark index, the GSE-Composite Index, remaining unchanged at 3,126.05 points. This consolidating performance allowed the index to maintain an impressive year-to-date gain of 27.91%.
The Financial Stocks Index mirrored the lack of movement, closing at 1,962.63 points and preserving its year-to-date losses at -4.38%. Notably, there were no discernible fluctuations in stock prices during the trading day, underscoring the market’s composure.
The overall market capitalization held its ground at GH¢ 73.74 million, accentuating the steadfast nature of the exchange.
Trading activity witnessed a subdued demeanor, with 42,929 shares changing hands, translating into a total value of GH¢101,041.74. This marked a 75.50% decline in trading volume and a 9.07% drop in trading value compared to the previous trading session.
Fifteen stocks made an appearance on the trading floor, reflecting a broad but largely inactive marketplace. Notably, ACCESS emerged as the most active stock, with a substantial 17,837 shares traded. This was closely followed by MTNGH, where 10,952 shares changed hands, carrying a transaction value of GH¢15,113.76. Completing the top five traded stocks were ETI, MTNGH, and ETI.