GSE Composite Index Advances 0.42% in Modest Weekly Gain
The Ghana Stock Exchange (GSE) closed the first full trading week of January 2026 on a positive note, supported by modest gains in the benchmark indices and a marginal improvement in market capitalisation, according to data from SIC Brokerage’s Weekly Markets Report.
The GSE Composite Index (GSE-CI) advanced by 37.25 points over the week, translating into a 0.42% gain to close at 8,807.50 points. This lifted the year-to-date (YTD) return on the benchmark index to 0.42%.
Similarly, the GSE Financial Stock Index (GSE-FSI) recorded a 0.48% week-on-week increase to settle at 4,669.30 points, bringing its YTD performance to 0.48%.
Market capitalisation edged up over the period, reflecting gains across selected equities. Total market value stood at GH¢172.25 billion at the close of the week, compared with GH¢172.04 billion in the previous week.
Trading activity picked up sharply, with total volume traded rising to 21.55 million shares, from 3.76 million shares in the prior week. Correspondingly, the value of shares traded increased significantly to GH¢90.04 million, up from GH¢12.09 million previously.
On the equities front, Benso Oil Palm Plantation (BOPP) and Ecobank Ghana (EGH) emerged as the week’s top gainers. BOPP advanced by GH¢2.79 to close at GH¢58.61, while EGH gained GH¢1.25 to settle at GH¢26.25. GOIL, GCB Bank, Standard Chartered Bank (SCB), CPC and MTN Ghana also recorded marginal price gains during the week.
On the downside, New Gold (GLD) led the decliners, shedding GH¢31.60 to close at GH¢448.40. CAL Bank lost GH¢0.03 to end the week at GH¢0.61, while Ecobank Transnational Incorporated (ETI) and TotalEnergies Marketing Ghana (TOTAL) both dipped by GH¢0.01 to close at GH¢0.76 and GH¢40.29 respectively.
MTN Ghana dominated trading activity, emerging as the most traded equity by both volume and value. A total of 19.99 million MTNGH shares exchanged hands, accounting for a traded value of GH¢83.99 million. CAL Bank, SIC Insurance, ETI and GCB Bank followed as the other most actively traded stocks.
Overall, the week’s performance reflects cautious optimism in the equities market, with early-year gains in the indices supported by selective investor interest, particularly in high-cap and banking stocks.
