GSE gains 1.33% … as trading value falls 28%
The Ghana Stock Exchange (GSE) Composite Index gained 1.33 per cent last week, even as trading activity weakened significantly, with the total value of shares traded falling by more than 28 per cent compared with the previous week. The Composite Index closed the week at 14,071.44 points, up from 13,886.74 points the previous week, while … The post GSE gains 1.33% … as trading value falls 28%…
The Ghana Stock Exchange (GSE) Composite Index experienced a slight gain of 1.33% over the past week, despite a significant decline in trading activity. The index closed at 14,071.44 points, up from 13,886.74 points the previous week, while market capitalisation increased to GH¢266.70 billion from GH¢266.27 billion. However, the total value of shares traded decreased by 28.25%, falling from GH¢145.82 million to GH¢104.63 million, and the volume of shares traded dropped by 26.25%, from 25.53 million shares to 18.83 million shares.
MTN Ghana was the most actively traded stock, accounting for the majority of the trading volume and value, followed by GCB Bank and CAL Bank.
Brief written by urgent.news from Ghanaian Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
