The Ghana Stock Exchange’s composite index dipped 6.21 points to 14,931.71 on Monday, trimming its year to date gain to 70.25 percent.
Trading session number 7,256 opened the week with the benchmark GSE Composite Index (GSE-CI) down from 14,937.92 at Friday’s close. The GSE Financial Stocks Index (GSE-FSI) also slipped, falling 8.16 points to 8,257.20, though it remains up 77.68 percent since the start of the year, outpacing the broader index’s gain.
Monday’s session saw 859,644 shares change hands worth GH¢2,605,383.54, while total market capitalization stood at GH¢287.33 billion.
The pullback leaves the index well below the record close it set in March, when it crossed 15,000 points for the first time in its history and briefly ranked as Africa’s best performing major stock market for the year, ahead of Tanzania, Nigeria and other regional exchanges. The composite index has held onto most of that rally even after easing from its peak, keeping Ghana’s bourse among the continent’s stronger performers through the middle of the year.
