GSE indices record modest gains amid dip in trade volume and value

The Ghana Stock Exchange (GSE) closed Wednesday's session with a marginal rise, as the GSE Composite Index (GSE-CI) gained 0.74 points to end at 4,654.43, achieving a 48.69% Year-To-Date (YTD) return.

Similarly, the GSE Financial Stock Index (GSE-FSI) rose by 1.03 points to 2,325.27, with a 22.28% YTD return.

Despite reduced trading activity, market capitalization increased slightly by GH¢9.11 million to GH¢104.32 billion. Total trade volume fell by 3.15% to 281,671 shares, with a 7.64% drop in trade value to GH¢591,707.27.

MTN Ghana (MTNGH) led the session, trading 227,461 shares worth GH¢534,547.45. CAL Bank gained, while Enterprise Group Limited (EGL) declined. Other stocks like Société Générale Ghana and Access Bank saw lower trading volumes.

The market’s performance reflects investor confidence in key stocks despite subdued trading activity.