GSE Extends Weekly Gains as Financial Stocks Drive Market Sentiment
The Ghana Stock Exchange (GSE) sustained its positive momentum for the week ending November 21, 2025, with broad gains across major counters pushing both the Composite Index (GSE-CI) and the Financial Stock Index (GSE-FSI) higher.
The GSE-CI advanced 1.30% to 8,521.02 points, up from 8,411.88 the previous week, supported by strong performances in banking and oil-related equities. The GSE-FSI rose even more sharply, gaining 3.46% to close at 4,349.86 points, signalling renewed investor interest in financial sector stocks.
Market data shows that EGH (+GH¢3.05 to GH¢19.02) and GCB (+GH¢1.00 to GH¢19.00) were the standout performers, collectively boosting market sentiment. GOIL, CLYD and RBGH also posted modest gains.
TOTAL was the only decliner for the week, shedding GH¢0.09 to close at GH¢40.41, reflecting mild selling pressure on the counter.
Market capitalization increased by GH¢1.35 billion, ending the week at GH¢166.87 billion—an indication of strengthened investor confidence.
Gainers and Losers
EGH led the gainers with a 3.05% rise, followed by GCB (+1.00%) and GOIL (+0.14%). CPC recorded a marginal uptick of 0.01%, continuing its steady year-to-date performance.
TOTAL was the sole decliner, down 0.09%.
Market Activity
Trading activity surged significantly, with total volume rising to 9.08 million shares, up from 3.69 million the previous week. The value traded also climbed sharply to GH¢71.73 million from GH¢11.81 million.
GCB dominated trading, posting 3.05 million shares valued at GH¢57.06 million. CAL, MTNGH, SIC and RBGH followed as the top traded equities.
Year-to-Date Performance
The GSE-CI has returned 74.31% YTD, while the GSE-FSI continues to outperform broader market indicators with an impressive 82.71% YTD gain.
The sustained rally across financials suggests market optimism heading into the final weeks of the year, buoyed by strong earnings and improved investor appetite for blue-chip counters.
