GSE market capitalisation hits GH¢271bn
The Ghana Stock Exchange (GSE) recorded gains in its key market indices during last week, even as trading volume and value fell sharply compared with the previous week. The GSE Composite Index (GSE-CI) rose by 2.43 per cent to close at 14,394.77 points, while the GSE Financial Stocks Index (GSE-FSI) advanced by 1.11 per cent … The post GSE market capitalisation hits GH¢271bn appeared first on…
The Ghana Stock Exchange (GSE) reported a 1.79 per cent increase in total market capitalisation, reaching GH¢271.26 billion. Despite a 32.09 per cent drop in trading volume, the GSE Composite Index (GSE-CI) rose 2.43 per cent to 14,394.77 points and the GSE Financial Stocks Index (GSE-FSI) advanced 1.11 per cent to 7,498.54 points.
Both indices delivered impressive year-to-date gains of 64.13 per cent and 61.36 per cent, respectively, underscoring strong equity performance since the start of the year. The ICT sector led trading with a 68 per cent value share, followed by the food and beverage sector and finance sector. MTN Ghana topped individual stock trading, while Kasa Resources led volume-wise.
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