Business News of Tuesday, 8 April 2025

Source: www.ghanaweb.com

GSE records strong gains for Q1 of 2025 as market capitalisation reaches GH¢135b

GSE-CI Closes at 6,100 Points as market capitalization reaches GH¢135b GSE-CI Closes at 6,100 Points as market capitalization reaches GH¢135b

The Ghana Stock Exchange has recorded strong gains for the first quarter of 2025, with market capitalisation reaching GH¢135 billion.

Similarly, the GSE Financial Stock Index rose by 1.11 points, closing at 3,063.24 points with a Year-to-Date (YTD) return of 28.66%.

The overall market capitalisation increased by GH¢19.73 million, bringing the total to GH¢135.52 billion.

Ecobank Transnational Incorporated led the pack with a 174.19 percent rise in its share price, moving from 31 pesewas to 85 pesewas .

Over 3.2 million shares were traded, valued at more than GH¢2.3 million.

CAL Bank followed with a 114.60 percent increase, with its stock price climbing from GH¢0.35 to GH¢0.75.

It recorded a trading volume of 14.4 million shares, generating over GH¢6.7 million.

Clydestone also achieved a perfect 100 percent growth, doubling its value from GH¢0.03 to GH¢0.06.

TotalEnergies posted an 83.54 percent gain, rising from GH¢13.12 to GH¢24.08.

The energy stock saw 43,228 shares traded, valued at over GH¢881,000.

Other strong performers included SIC Insurance, which rose by 81.48 percent, and Access Bank, which gained 74.42 percent.

Market activity saw a significant surge, with the volume of shares traded rising by 130.63% to 853,232 shares.

This resulted in a total trade value of GH¢4,440,000.97.

SP/AE

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