Business News of Wednesday, 18 June 2025

Source: www.ghanaweb.com

Top gainers on GSE Composite Index as of June 18

SIC, CAL gain as GSE-CI falls by 51.45 points on June 18 SIC, CAL gain as GSE-CI falls by 51.45 points on June 18

The Ghana Stock Exchange Composite Index (GSE-CI) declined by 51.45 points to close at 6,176.29 points at the end of trading on Tuesday, June 17, 2025.

This marks a dip in market sentiment although the Index still maintains a strong Year-To-Date (YTD) return of 26.34%.

In contrast, the Financial Stock Index (FSI) posted a marginal gain of 2.6 points ending the session at 3,290.32 points with its YTD return climbing to 38.20%.

Total market capitalisation dropped by GH¢638.78 million to settle at GH¢136.33 billion.

This reflects the losses recorded in large-cap stocks such as MTN Ghana (MTNGH), shedding some of its recent gains to close at GH¢2.94.

Despite the benchmark decline, trading activity surged significantly, with total volumes hitting 3,404,925 shares representing a 698.93% increase over the previous session.

This translated into a total trade value of GH¢12,678,724.63.

SOGEGH dominated the day’s trade, exchanging 3,404,924 shares valued at GH¢12.68 million.

Other notable movers included MTNGH, GCB, CAL and ETI, rounding up the top five equities in terms of volume traded.

On the gainers’ chart, CAL Bank rose by GH¢0.01 to close at GH¢0.56, while SIC Insurance surged by GH¢0.06 to settle at GH¢1.10.

SIC’s latest uptick pushed its YTD return beyond the 300% threshold, reinforcing investor confidence in the stock’s ongoing rally.

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