Business News of Wednesday, 16 April 2025

Source: www.ghanaweb.com

Trading activities soar on GSE despite stagnant price movements

The Ghana Stock Exchange (GSE) closed on a flat note on Tuesday, April 15, 2025, with its benchmark Composite Index (GSE-CI) unchanged at 6,025.40 points.

This left the index’s Year-to-Date (YTD) return at 23.26%, reflecting investors’ sustained confidence in equities despite the absence of price movements across the board.

The GSE Financial Stock Index (GSE-FSI) also ended unchanged at 3,061.43 points, preserving its YTD return of 28.59%.

These stable readings came against a backdrop of heightened market activities, suggesting that the market’s current momentum remains unchanged by increased investor participation.

Market turnover rose sharply with trading volume nearly tripling by 196.94% to 930,793 shares.

The total value of transactions surged to GH¢2.65 million, a 195.67% increase from the previous session’s GH¢895,020.08.

Telecoms giant MTN Ghana (MTNGH) dominated the trading charts accounting for 641,448 shares worth GH¢1.92 million, more than 70% of the day’s total trade value.

Other actively traded counters included Fan Milk Limited (FML), Ecobank Transnational Incorporated (ETI), CAL Bank (CAL), and Société Générale Ghana (SOGEGH), underscoring a continued investor tilt toward high-liquidity stocks.

Despite the intensified trading, no equities registered price gains or losses, reinforcing the sense of consolidation in the market.

SP/AE

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