GSE market capitalization hits GHS 100 Billion milestone for first time since inception

The Ghana Stock Exchange (GSE) reached a historic milestone, hitting a GHS 100 billion market capitalization on October 31, 2024. This record was achieved following a GHS 908 million increase in market value over the previous day.

The rise in capitalization was driven by a significant increase in trading volume, with shares surging to 202,998 from 37,276 and total value traded rising 185.5% to GHS 11.9 million.

Major contributors to this surge included top-traded equities MTNGH, GLD, and ETI. The GSE Composite Index closed at 4,385.94 points, with a YTD return of 40.12%.