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GSE Composite Index Edges Higher on Modest Gains in Heavyweights

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GSE Composite Index Edges Higher on Modest Gains in Heavyweights

Trading on the Ghana Stock Exchange (GSE) closed marginally higher on Tuesday, February 3, 2026, as selective investor participation and gains in a few heavyweight stocks provided modest support to the benchmark indices.

The GSE Composite Index (GSE-CI) advanced by 6.57 points, or 0.05 percent, to close at 9,007.04 points, lifting its year-to-date (YTD) return to 2.70 percent. Meanwhile, the GSE Financial Stocks Index (GSE-FSI) gained 0.18 percent to settle at 4,933.23 points, pushing its YTD performance to 6.16 percent.

Market capitalization inched up to GH¢179.27 billion from GH¢178.71 billion in the previous session, reflecting the modest improvement in equity prices.

Trading activity strengthened significantly, with total value traded surging by 346.42 percent to GH¢12.84 million, compared with GH¢2.12 million previously. However, volume traded declined sharply to 2.40 million shares from 30.55 million shares in the prior session.

CAL Bank led the gainers’ chart, appreciating by GH¢0.02 to close at GH¢0.81, representing a YTD gain of 25.56 percent. GCB Bank followed with a GH¢0.66 increase to GH¢7.26, while SIC Insurance gained GH¢0.05 to close at GH¢1.25.

The telecom and banking sectors dominated market turnover, with GCB Bank emerging as the most actively traded equity. The stock recorded transactions valued at GH¢6.71 million, accounting for 300,260 shares exchanged. MTN Ghana followed with trades worth GH¢5.05 million, while CAL Bank, Guinness Ghana Breweries (GGBL) and SIC Insurance also recorded notable activity.

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No decliners were recorded during the session, underscoring the generally positive market sentiment, albeit subdued.

Overall, market performance reflected cautious optimism, with investors selectively positioning in fundamentally strong stocks amid modest price movements and improved trade values.

Tags: GSE Composite IndexGSE Composite Index Edges Higher on Modest Gains in HeavyweightsModest Gains in Heavyweights
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