Ghana Stock Exchange Opens Week with Modest Losses Amid Key Declines

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://newsghana.com.

gh/ghana-stock-exchange-opens-week-with-modest-losses-amid-key-declines/The Ghana Stock Exchange (GSE) saw a subdued start to the week as major indices edged lower during Monday’s trading session, weighed down by declines in influential stocks.The GSE Composite Index dropped 75.53 points, or 1.



24%, closing at 6,025.40, while the Financial Stocks Index dipped 1.22 points to settle at 3,061.

43. Despite the day’s losses, both indices maintain robust year-to-date gains of 23.26% and 28.

59%, respectively, reflecting sustained investor confidence in the broader market.Cal Bank PLC, Scancom PLC (MTN Ghana), and NewGold ETF drove the downward momentum. Cal Bank slipped by GH¢0.

01 to close at GH¢0.53, while MTN Ghana fell GH¢0.07 to GH¢1.

39. NewGold ETF recorded the steepest decline, shedding GH¢3.02 to end at GH¢256.

40. The losses overshadowed muted activity elsewhere, with total traded shares reaching 313,461 and a turnover of GH¢895,020.08.

Market capitalization closed at GH¢134.69 billion.Ecobank Transnational Incorporated (ETI) dominated trading volume and value, with 52,800 shares worth GH¢45.

01 million changing hands. GCB Bank PLC saw a notable high-value transaction of GH¢153.50 million despite minimal share movement.

Meanwhile, AngloGold Ashanti and Total Petroleum held firm at their year-high prices of GH¢27.00 and GH¢24.08, underscoring steady demand in the mining and energy sectors.

The session’s cautious tone highlighted lingering sensitivity to localized stock volatility, even as long-term indicators remain positive. Analysts note that while short-term fluctuations are common in emerging markets, Ghana’s equity market continues to demonstrate resilience, supported by strong macroeconomic fundamentals and diversified investor interest. The focus now shifts to whether mid-week trading will stabilize as participants digest the mixed signals from Monday’s performance.

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://newsghana.com.

gh/ghana-stock-exchange-opens-week-with-modest-losses-amid-key-declines/.