Ghana Stock Exchange rebounds by 123.7 points market value hits GHS243.85 billion
Ghana Stock Exchange Composite Index gained 123.7 points to reach 13,040.78 ahead of the Easter break. Total market value increased to GHS243.85 billion. MTN Ghana Group led with a GHS0.13 share price increase. Overall market performance for the year remains strong.
The Ghana Stock Exchange (GSE) Composite Index gained 123.7 points. It closed at 13,040.78. This happened on the last trading day before the Easter holiday break. This rise follows three days of declines.
Total market value, called market capitalization, also increased. It rose from GHS241.72 billion to GHS243.85 billion. The total value of shares traded was GHS13,549,559.24. This was across 1,518,627 shares.
MTN Ghana (Scancom PLC) led the gains. Its share price rose by GHS0.13 to GHS5.45. This telecommunications company was the most traded stock. Its trades were worth GHS2,356,047.06. Ecobank Transnational Inc. (ETI) also saw a gain. Its share price increased by GHS0.04 to GHS1.52.
However, some stocks fell. NewGold ETF dropped GHS43.83 to GHS502.17. Societe Generale Ghana PLC (SOGEGH) lost GHS0.53, closing at GHS5.96.
Year-to-date, the GSE Composite Index has gained 48.69%. The GSE Financial Stocks Index is up 69.86% for the year.
Source: StatsGH — Ghana's data-driven news platform