Ghana Stock Exchange closes lower as total value traded declines 83.81%

The Ghana Stock Exchange (GSE) Composite Index dropped by 1.74 points to 4,616.17, with a Year-to-Date (YTD) return of 47.47%. The GSE Financial Stock Index also fell by 2.45 points, closing at 2,301.50 with a YTD return of 21.03%.

Market capitalization decreased to GH¢103.71 billion, down GH¢51.48 million from the previous session.

Trading volumes declined significantly, with only 67,525 shares exchanged, a sharp 85.68% drop from the previous 471,466 shares. The total trade value also fell by 83.81% to GH¢231,561.59.

CAL Bank led trading volumes with 54,620 shares worth GH¢18,024.60. Other active stocks included ETI, SOGEGH, ALLGH, and GLD, though their volumes were relatively lower.