GSE Rallies on Heavy MTN Ghana Trades, YTD Return Crosses 50%
The Ghana Stock Exchange (GSE) closed higher on Thursday, August 21, 2025, as strong demand for equities—particularly Scancom PLC. (MTNGH)—lifted market indices and turnover.
The GSE Composite Index (GSE-CI) advanced to 7,336.70 points from the previous 7,303.81, pushing its year-to-date (YTD) return to 50.08%. The GSE Financial Stock Index (GSE-FSI) also gained, ending the session at 3,411.73 points.
Market capitalization improved to GH¢1.49 billion, supported by bullish sentiment across selected counters. Trading activity surged significantly, with 8,092,045 shares changing hands—a 191.73% increase compared to the previous session. The total value of trades stood at GH¢31,224,493.07.
MTNGH dominated trading, accounting for 8,004,287 shares valued at GH¢31,080,483.35. It closed at GH¢3.88 per share, marking a gain for the day. Other top gainers included GOIL, which edged up to GH¢2.23, and Enterprise Group Limited (EGL), which settled at GH¢2.90.
CAL Bank, Ecobank Transnational Incorporated (ETI), Clydestone (CLYD), and GOIL also featured among the actively traded stocks.
The strong market performance reflects heightened investor interest in large-cap counters, particularly within the telecoms sector, reinforcing the bullish momentum on the Accra bourse.
