GSE Composite Index Extends Rally as Market Capitalisation Hits GH¢165.99bn
The Ghana Stock Exchange (GSE) extended its bullish run on Tuesday, with the benchmark GSE Composite Index (GSE-CI) advancing to 8,422.19 points, translating into a strong year-to-date (YTD) return of 72.28%.
The GSE Financial Stock Index (GSE-FSI) also posted gains, rising to 3,897.28 points and registering a 63.70% YTD return, underlining sustained investor confidence in the financial sector.
Total market capitalisation climbed to GH¢165.99 billion, supported by price gains in CAL Bank (GH¢0.72), Ecobank Transnational Incorporated (GH¢0.92), GCB Bank (GH¢15.15), and NewGold ETF (GH¢489.81). TotalEnergies Marketing Ghana, however, dipped to GH¢36.96 at the close of trading.
Trading activity slowed significantly, with 3,162,937 shares changing hands — a 69.58% decline compared to the previous session — for a total value of GH¢39,191,933.63.
GCB Bank dominated the trading chart, accounting for 2,446,473 shares valued at GH¢37.08 million, followed by MTN Ghana, TotalEnergies, SIC Insurance, and CAL Bank in that order.
The sustained upward momentum on the bourse reflects renewed investor appetite, particularly for financial and gold-linked equities, as the market continues to record one of its best annual performances in recent years.
