Ghana Stock Exchange turnover surges 209% to GH¢22.55m

Trading activity on the Ghana Stock Exchange (GSE) saw a significant rebound on Thursday, September 24, with turnover surging by 209% to reach GH¢22.55 million. Total trading volume increased by 133%, with over 3.55 million shares changing hands.

Market activity was heavily concentrated in MTN Ghana, which accounted for 2.87 million shares valued at GH¢18.81 million. This represented approximately 80.7% of the total market volume and 83.4% of the total transaction value. Despite the high turnover, MTN Ghana shares saw a slight decline of 0.76%, closing at GH¢6.56 per share.

Other notable market movements included SIC Insurance Company, which recorded the strongest absolute price gain, rising 4.6% to close at GH¢5.23. Other active equities included Ecobank Transnational, CalBank, and Kasapreko. Despite the surge in turnover, the GSE Composite Index declined by 71.69 points, or 0.5%, to close at 14,215.45 points.