The Ghana Stock Exchange (GSE) extended its bullish run on the back of gains recorded in select banking and telecom equities, as the benchmark GSE Composite Index (GSE-CI) advanced by 30.47 points to close at 6,095.57 points.

This pushed the index’s Year-to-Date (YTD) return to 24.69%.

The Financial Stock Index (GSE-FSI) also closed higher, rising by 12.83 points to 3,112.17 points, reflecting a YTD return of 30.72%, buoyed by renewed investor interest in financial sector stocks.

Market capitalisation surged by GH¢369.34 million to settle at GH¢135.97 billion, driven by price appreciations in telecom and banking stocks.

Trading activity recorded a sharp rebound, with the volume of shares traded increasing by 94.88% to 341,936 shares.

This translated into a total trade value of GH¢15.2 million.

MTN Ghana (MTNGH) and Société Générale Ghana (SOGEGH) emerged as gainers for the session, closing at GH¢3.02 and GH¢1.76 respectively.

However, the Ghana Stock Exchange-listed gold ETF (GLD) continued its losing streak, closing the session lower at GH¢450.45.

Ecobank Transnational Incorporated (ETI) led trading activity with 199,183 shares valued at GH¢175,281.04, topping the volume chart.

Other equities that featured in the top five most traded stocks were CAL Bank (CAL), GLD, SOGEGH, and MTNGH, in descending order of trade volumes.

SP/AE

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