GSE Composite Index Gains 1.35% WoW as AADS Records First Share Price Gain Since 2019
The Ghana Stock Exchange (GSE) closed the week ending September 12, 2025, on a bullish note, with the benchmark GSE Composite Index (GSE-CI) rising 1.35 percent to 7,269.40 points. This placed its year-to-date (YTD) gain at 48.70 percent.
The GSE Financial Stock Index (GSE-FSI) also advanced, climbing 0.99 percent to 3,478.32 points, extending its YTD return to 46.10 percent. Market capitalization improved to GHS 149.04 billion during the review week.
Trading activity, however, slowed, as volumes dipped by 9.37 million shares, representing 45.2 percent week-on-week.
Market performance was heavily skewed toward a few equities, with MTN Ghana (MTNGH) dominating activity, accounting for 81.38 percent of total value traded. Other top-traded counters included Ecobank Transnational Incorporated (ETI), Societe Generale Ghana (SOGEGH), AngloGold Ashanti Depository Shares (AADS) and SIC Insurance (SIC).
On the price board, GLD led the gainers, closing at GHS 453.25, while TotalEnergies, GCB Bank, Fan Milk, MTNGH, GOIL, CAL Bank, and AADS all recorded price appreciations. Access Bank (ACCESS) was the sole decliner, closing at GHS 16.35.
Notably, AADS recorded its first price gain since 2019, underscoring renewed investor interest in the stock.
Meanwhile, on the currency market, the Ghana cedi depreciated against major trading currencies. The dollar closed the week at GHS 12.15, up 20.99 percent YTD, while the British pound and euro traded at GHS 16.45 and GHS 14.23, respectively.
On the commodities front, Brent crude oil closed lower at US$67.38 per barrel, representing a YTD decline of 9.90 percent. Gold strengthened to US$3,646.97 per ounce, up 38.94 percent YTD, while cocoa prices dropped sharply by 33.59 percent to US$7,231.01 per metric tonne.
