Business News of Thursday, 17 July 2025

Source: www.ghanaweb.com

GSE dips as market capitalisation falls by GH¢209 million

GSE composite index declines by 2.38 points to close at 6,448.1 on July 16 GSE composite index declines by 2.38 points to close at 6,448.1 on July 16

The Ghana Stock Exchange (GSE) Composite Index declined by 2.38 points to close at 6,448.12 points at the end of Wednesday, July 16,2025, trading session reducing its Year-To-Date (YTD) return to 31.90%.

The GSE Financial Stock Index also shed 3.78 points, closing at 3,429.04 points, with its YTD return pegged at 44.03%.

The broader market capitalisation dropped by GH¢209.24 million settling at GH¢139.68 billion, as selling pressures weighed on investor sentiment.

A total of 648,291 shares exchanged hands reflecting a 64.71% increase from the previous session.

The corresponding market value stood at GH¢3,115,996.49.

Price gainers for the session included GOIL, Republic Bank Ghana (RBGH), and Standard Chartered Bank (SCB), which closed at GH¢2.11, GH¢0.86, and GH¢28.00 respectively.

On the other hand, GLD dipped to GH¢362.80 while another counter declined to GH¢0.84.

MTN Ghana (MTNGH) topped the trading chart accounting for 417,478 shares valued at GH¢1,264,928.04.

It was followed by CAL Bank (CAL), Ecobank Transnational Inc. (ETI), TotalEnergies Marketing Ghana (TOTAL), and GOIL rounding off the day’s top five equities by volume traded.

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