MTNGH, SOGEGH lift GSE as turnover sinks
The Ghana Stock Exchange (GSE) Composite Index (GSE-CI) surged by 54.18 points on Wednesday, June 18, 2025, closing at 6,230.47 points, as gains by MTN Ghana (MTNGH) and Société Générale Ghana (SOGEGH) fueled market momentum.
The rally pushed the Year-To-Date (YTD) return to 27.45% continuing the market’s recovery despite sharply lower trading volumes.
The GSE Financial Stock Index (GSE-FSI) also recorded a modest gain, inching up 1.61 points to 3,291.93, with a stronger YTD return of 38.27%.
MTNGH added GH¢0.05 to close at GH¢2.99, while SOGEGH rose GH¢0.02 to GH¢2.00. Their respective YTD gains now stand at 19.6% and 33.3%.
TotalEnergies Marketing Ghana (TOTAL) was the sole decliner for the day, slipping GH¢0.03 to GH¢25.00.
Despite the dip TotalEnergies retains a robust YTD gain of 90.55%.
Market activity, however, painted a less optimistic picture as turnover plunged with total shares traded falling 92.5% to 254,134, and the value of trades declining 96.1% to GH¢498,065.94 compared to the previous session.
The drop underscores waning investor participation amid lingering macroeconomic uncertainty.
Market capitalisation edged up to GH¢137.0 billion supported by price gains in key stocks.
CAL Bank led trading with 133,468 shares valued at GH¢74,742.08. It was followed by MTNGH (97,545 shares), SIC Insurance (16,800), TOTAL (4,000), and SOGEGH (1,236).
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