Business News of Tuesday, 10 June 2025

Source: www.ghanaweb.com

GSE market declines by GH¢25.15 million

The benchmark Ghana Stock Exchange Composite Index (GSE-CI) commenced the trading week unchanged closing at 6,004.72 points with its Year-To-Date (YTD) return remaining at 22.83%.

Similarly, the Financial Stock Index (FSI) remained stable, ending the session at 3,244.82 points with a YTD return of 36.29%.

Despite the static indices, the market saw a dip in investor confidence which reflected in the GH¢25.15 million decline in total market capitalisation which closed at GH¢134.10 billion.

Market activity slumped significantly on the day, with a total of 3,803 shares traded representing a sharp 99.97% drop in volume compared to the previous session.

This translated into a total market turnover of GH¢792,557.37.

GLD solely declined on the day, losing GH¢8.67 to close at GH¢355.00.

The exchange-traded fund also led trading activity with 2,220 shares changing hands valued at GH¢788,100.00.

Three other equities MTNGH, Enterprise Group Limited (EGL), and GOIL also saw trades, albeit in lower volumes, ranking in descending order of volume traded.

SP/VPO

#TrendingGH: Drivers react to government’s new GH¢1 energy levy on petroleum products