Investor activity on the Ghana Stock Exchange (GSE) continued to slow on Thursday, March 20, 2025, as trading volume dropped for the second straight session.
After peaking at 748,650 shares on Tuesday, market participation has been on a downward trajectory, with Wednesday’s volume falling to 303,239 and Thursday recording a further decline to 235,491 shares.
Despite the lower trading volumes, MTN Ghana remained the most active stock, with 142,383 shares exchanged at a closing price of GHS 3.17, contributing GHS 451,354.11 to the market’s total traded value.
Banking stocks also saw some movement, with CAL Bank trading 20,711 shares at GHS 0.80, while Ecobank Transnational (ETI) recorded 40,165 shares at GHS 0.85. Societe Generale Ghana saw 5,000 shares traded at GHS 1.60.
The insurance and energy sectors contributed to Thursday’s trading activity. SIC Insurance recorded 2,300 shares traded, closing at GHS 0.44 after gaining GHS 0.02. TotalEnergies saw 2,840 shares traded at GHS 21.90, while GOIL recorded 496 shares at GHS 1.61. Unilever Ghana and Tullow Oil also saw some trading activity, with 250 and 127 shares exchanged, respectively.
Despite the overall drop in trading volume, a few stocks managed to post gains. Access Bank edged up by GHS 0.01 to close at GHS 8.26, while Republic Bank Ghana recorded a GHS 0.06 gain, settling at GHS 0.66. SIC Insurance also gained GHS 0.02 to close at GHS 0.44, and Societe Generale Ghana rose by GHS 0.01 to finish at GHS 1.60.
At the close of trading, the GSE Composite Index remained steady at 6,160.07, reflecting market stability, while the Financial Stock Index settled at 3,036.26. The market capitalization stood firm at GHS 136.26 billion.
Source: thehighstreetjournal.com