The equities market posted modest gains on Wednesday, April 16, 2025, with the benchmark GSE Composite Index (GSE-CI) advancing 16.48 points to close to 6,041.88.

This movement reflects a strong Year-to-Date (YTD) return of 23.59% signalling sustained investor confidence despite a sharp drop in trading activity.

The Financial Stock Index (GSE-FSI) also followed suit adding 23.14 points to settle at 3,084.57, representing an impressive YTD gain of 29.56%.

Market capitalisation rose from GH¢572.99 million to GH¢135.27 billion.

However, the volume of shares traded declined markedly by 61.21% to 361,099 shares with total turnover reaching GH¢1.09 million down 58.83% from the previous session.

Despite lower volumes, top counters including ETI, GCB, SIC and GLD closed in positive territory.

ETI (Ecobank Transnational Inc.) led gainers, appreciating by GHS 0.02 to close at GHS 0.87, extending its YTD gain to a staggering 180.65%.

SIC followed, climbing 0.06 to GHS 0.60 (up 144.44% YTD) while GCB and GLD advanced 13.97% and 26.38% YTD respectively.

Telecom giant MTN Ghana (MTNGH) led trading volumes with 298,711 shares changing hands at a value of GH¢896,133.00.

CAL Bank and ETI followed with trades worth GH¢21,289.26 and GH¢17,544.70 respectively, contributing to a market-wide traded value of GH¢1.09 million.

SP/AME