• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Equity Market Extends Rally as Prime Index Climbs 3.6%; Year-to-Date Returns Rise to 72%

3 weeks ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
GSE

GSE

86
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Equity Market Extends Rally as Prime Index Climbs 3.6%; Year-to-Date Returns Rise to 72%

The Ghana Stock Exchange extended its bullish momentum last week, with the benchmark GSE Composite Index gaining 3.58% to close at 8,410.56 points, bringing its year-to-date return to 72.05%, its strongest level this year.

The GSE Financial Stock Index advanced 3.44% to 3,880.46 points, supported by sustained investor interest in banking and telecommunications counters. Market capitalisation rose to GH¢165.6 billion, reflecting improved sentiment and continued liquidity inflows into equities.

Trading activity moderated, however, with the total volume of shares traded declining 12.1% week-on-week to 6.72 million shares, valued at GH¢27.39 million. MTN Ghana once again dominated market turnover, accounting for 78.6% of total value traded (GH¢21.52 million).

Among individual stocks, GLD led the week’s gainers, rising 2.72% to GH¢476.72, while Access Bank Ghana was the sole decliner, edging down 0.01% to GH¢16.35. Notable performers included Ecobank Ghana (+2.20% to GH¢13.20), GCB Bank (+0.97% to GH¢15.00), and TotalEnergies (+1.51% to GH¢37.00), extending their double-digit year-to-date rallies.

Regional Snapshot: Ghana Outperforms African Peers

Ghana remained Africa’s best-performing equity market, with a 72% year-to-date gain, outpacing Egypt’s EGX-30 (44.6%), Kenya’s NSE ASI (44.1%), and Nigeria’s NGX ASI (39.5%). Botswana and the WAEMU BRVM index trailed significantly with single-digit growth.

RelatedPosts

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months

Ghana Retains 6th Spot Among Africa’s Top Investment Destinations — RMB Report

Over 40% of Nigeria’s Informal Businesses Make Less Than $12 Daily

Currency Market: Cedi Loses Ground Against Major Pairs

The Ghanaian cedi weakened against most major currencies during the week, slipping 1.2% against the US dollar to close at GH¢12.55, extending its year-to-date depreciation to 17.13%. The local unit also lost ground to the British pound (GH¢16.92) and euro (GH¢14.74), though it gained modestly against the CFA franc, which eased 3.1% to GH¢44.50.

Commodities: Gold Strengthens, Oil Prices Ease

On the commodities front, gold prices surged nearly 3% week-on-week to US$3,884.61 per ounce, buoyed by safe-haven demand amid global market volatility. Brent crude retreated to US$64.80 per barrel, down 13.35%, as concerns over demand and rising global inventories weighed on prices. Cocoa extended its correction, falling 6.4% to US$6,287.58 per tonne, reflecting improved crop outlooks in West Africa.

Tags: Equity Market Extends Rally as Prime Index Climbs 3.6%; Year-to-Date Returns Rise to 72%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

MTN Ghana’s Service Revenue Hits GHS 17.3bn, Driven by Data and Mobile Money Expansion

Ghana Stock Exchange Ends Tuesday Lower on Losses in Financial and Telecom Stocks

Norrie Stuns Alcaraz to End World Number One’s Winning Streak at Paris Masters

Ghana, Nigeria, South Africa Qualify for TotalEnergies CAF Women’s Africa Cup of Nations 2026

PSG Posts Record Turnover of €837 Million After Champions League Triumph

Nestlé Ghana to Launch “No Refined Sugar” Variant of CERELAC®️

Trending

Business

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months

October 29, 2025

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months The price of gold is expected...

Ghana Retains 6th Spot Among Africa’s Top Investment Destinations — RMB Report

October 29, 2025

Over 40% of Nigeria’s Informal Businesses Make Less Than $12 Daily

October 29, 2025

MTN Ghana’s Service Revenue Hits GHS 17.3bn, Driven by Data and Mobile Money Expansion

October 29, 2025

Ghana Stock Exchange Ends Tuesday Lower on Losses in Financial and Telecom Stocks

October 29, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.