Equities Rise as GSE-CI Hits 6,175.87 Points; Finance Stocks Lead Rally
Ghana’s equity market extended its bullish run on Thursday as the benchmark Ghana Stock Exchange Composite Index (GSE-CI) climbed 22.89 points to close at 6,175.87, buoyed largely by gains in financial stocks. This marks a year-to-date (YTD) return of 26.33%, underscoring the market’s robust performance in 2025.
The GSE Financial Stock Index (GSE-FSI) also recorded a strong performance, up 32.14 points to close at 3,224.83, translating into a YTD return of 35.45%.
Market turnover, however, declined sharply to GH¢1.17 million, down from the previous session’s GH¢4.95 million—a 76.31% fall in trading value. Volume traded also dropped to 267,335 shares, a 45.60% decline from the day before.
Investor sentiment was lifted by notable gains in SIC Insurance, Access Bank, and GCB Bank, which advanced by 8 pesewas, GH¢1.13, and 35 pesewas respectively. SIC closed at GH¢1.00, bringing its YTD gain to a staggering 270.37%, while Access and GCB recorded YTD returns of 114.04% and 25.75% respectively.
On the downside, GLD shed GH¢3.41 to close at GH¢350.86, bringing its YTD performance to -10.15%.
SIC Insurance led the market in both volume and value, trading 124,522 shares worth GH¢124,522.00. MTN Ghana followed with 104,641 shares valued at GH¢313,803.20, while CAL Bank, GCB Bank, and GLD rounded out the top five most traded equities by value.
Dividend Outlook
Several companies have declared final dividends. UNIL will pay GH¢0.60 per share on June 23, while BOPP and FML will disburse GH¢0.9085 and GH¢0.08 respectively by mid-July. EGH and GOIL are expected to make payments by September 12.
Outlook
With financial stocks providing the momentum for market gains and a strong pipeline of dividends from blue-chip firms, the Ghanaian equity market remains on a positive trajectory. Nonetheless, the recent dip in trading volumes may signal short-term investor caution.
