Prime News Ghana

GSE trade turnover plummets by 65.74% to GH¢63,236 on Monday

By Vincent Ashitey
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On Monday, the total trade turnover on the Ghana Stock Exchange (GSE) tumbled to GH¢63,236.10, marking a significant decline of 65.74% compared to the previous trading day (Friday).

The trading session saw activity in thirteen different equities, with the total volume of shares traded falling to 21,230.

Benso Oil Palm Plantation (BOPP) closed at GH¢21.56, gaining a pesewa (GH¢0.01) on the day. This gain contributed to an increase in market capitalization by GH¢351,691, bringing the total market capitalization to GH¢83.93 billion.

There were outstanding offers for Fan Milk Limited (FML), Société Générale Ghana Limited (SOGEGH), Unilever Ghana Limited (UNIL), and Guinness Ghana Breweries Limited (GGBL) at GH¢3.19, GH¢1.54, GH¢12.00, and GH¢4.44, respectively.

The benchmark index of the Ghana Stock Exchange, the GSE Composite Index, recorded a slight increase of 0.03 points to close at 3,751.10 points, with a year-to-date (YTD) return of 19.83%.

Meanwhile, the GSE Financial Stocks Index remained unchanged at 2,049.94 points, maintaining its YTD return of 7.80%.