Equities advanced sharply on Tuesday, May 13, 2025, with gains in MTN Ghana, which extended its upward momentum to help push the benchmark index to a fresh high for the year.

The GSE Composite Index climbed 21.33 points to close at 6,455.96 translating into a Year-to-Date return of 32.06%.

Market capitalisation increased by GH¢264.7 million to GH¢140.72 billion.

MTN Ghana (MTNGH) was the sole gainer on the day, rising 0.02 cedis to GH¢3.32, a level that reflects a 32.8% appreciation since the start of the year.

Turnover surged dramatically, with volumes traded rising over 2,250% to 12.2 million shares, while the value of transactions ballooned to GH¢40.28 million representing a 2,532% increase on the previous session.

MTN Ghana alone accounted for the bulk of the day’s activity, recording trades worth GH¢40.23 million.

The Financial Stocks Index held steady at 3,162.31 points, posting a Year-to-Date gain of 32.83%.

Other heavily traded counters included Ecobank Transnational Incorporated (ETI), Intravenous Infusions Limited (IIL), CAL Bank, and Hords Limited (HORDS), though none recorded price movements.

SP/AE

Watch the latest edition of BizTech below:



Click here to follow the GhanaWeb Business WhatsApp channel