Market

GSE extend gains as trading volume surge

The Ghana Stock Exchange Composite Index (GSE-CI) advanced 0.61% last week to close at 6,217.90 points, moderating from the previous week’s 1.16% gain.

The Financial Stock Index (GSE-FSI) rose 0.74% to 3,059.30 points, bringing its year-to-date return to 28.50%.

The market capitalisation of the GSE edged higher to GH¢136.99 billion, up from GH¢136.51 billion the previous week, underpinned by strong buying activity.

Trading volumes soared 347.19% last week although overall market turnover declined by 18.73%, reflecting a shift in investor appetite toward higher liquidity.

Winners and losers

Gold-backed ETF GLD and Access Bank Ghana led the market, closing at GH¢458.01 and GH¢9.07, respectively.

CAL Bank slipped from GH¢0.05 to GH¢0.75, trimming recent gains.

Market movers

MTN Ghana remained the most actively traded stock, with 11.00 million shares changing hands at GH¢34.70 million.

Access Bank Ghana, at the lower end of the top five, saw 108,129 shares traded, amounting to GH¢895,026.83.

The week’s performance suggests sustained investor interest, albeit with signs of selective profit-taking.

Activity in financial and telecom stocks remains robust, as traders recalibrate their positions in response to shifting market dynamics.

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

Related Articles

Back to top button