The Ghana Stock Exchange (GSE) Composite Index declined by 85.81 points on Tuesday, November 4, closing at 8,284.00 compared to the previous session’s 8,369.81.
The decline occurred during the 7085th trading session, with market capitalization falling to 165,412.39 million Ghana cedis from 166,477.70 million cedis recorded on Monday. Despite the single session drop, the GSE Composite Index maintains a year to date gain of 69.46 percent from January 1, 2025.
Trading volume increased on Tuesday, with 506,115 shares changing hands compared to Monday’s 325,340 shares. However, trading value decreased significantly to 934,012.00 Ghana cedis from the previous session’s 1,330,856.95 Ghana cedis.
The GSE Financial Stocks Index (GSE FSI) moved in the opposite direction, gaining 34.01 points to close at 4,265.86 compared to Monday’s 4,231.85. The financial stocks index has recorded a year to date increase of 79.18 percent, outperforming the broader composite index by nearly 10 percentage points.
The contrasting performance between the composite index and financial stocks index suggests sector specific dynamics at play in the Ghanaian equity market. While the broader market experienced selling pressure, financial sector stocks attracted investor interest during Tuesday’s session.
The significant drop in trading value despite higher volume indicates that shares traded at lower average prices on Tuesday. This price compression contributed to the composite index’s decline and the reduction in overall market capitalization.
Market observers will be watching whether the composite index’s decline represents a temporary correction or signals a broader shift in investor sentiment. The exchange has delivered strong returns throughout 2025, with both major indices posting gains exceeding 69 percent since the beginning of the year.
The GSE operates as Ghana’s principal securities exchange, facilitating trading in equities and other financial instruments. The exchange plays a crucial role in capital formation and corporate financing within the Ghanaian economy.
