Ghana Stock Exchange recovers 123.7 points, market value rises to GHS243.85 billion
Ghana Stock Exchange (GSE) Composite Index gained 123.7 points, closing at 13,040.78. Market capitalization increased by GHS2.13 billion to GHS243.85 billion. MTN Ghana was the top traded stock, contributing significantly to the total value of shares traded.
The Ghana Stock Exchange (GSE) showed recovery before the Easter holiday. The GSE Composite Index (GSE-CI) added 123.7 points. It closed at 13,040.78 points. This rise comes after three days of declines. Investors bought stocks in key companies.
The market value reached GHS243.85 billion. This was an increase from GHS241.72 billion the day before. The total shares traded were 1,518,627. Their value was GHS13,549,559.24.
MTN Ghana saw its stock price go up by GHS0.13. It closed at GHS5.45. MTN Ghana was the most traded stock. About 432,425 of its shares were traded. This added GHS2,356,047.06 to the total market value. Ecobank Transnational Inc. (ETI) also gained GHS0.04. It closed at GHS1.52.
However, some stocks fell. NewGold exchange-traded fund dropped GHS43.83. It closed at GHS502.17. Societe Generale Ghana PLC (SOGEGH) lost GHS0.53. Fan Milk PLC (FML) also decreased by GHS0.08.
Year-to-date, the GSE-CI has grown by 48.69%. The financial stocks index (GSE-FSI) is up by 69.86% for the year.
Source: StatsGH — Ghana's data-driven news platform