Local Bourse Nears GHS 300 Billion in Market Value
The benchmark index of the Ghana Stock Exchange extended its bullish run during the week ending March 13, 2026, supported by strong price gains in selected banking and insurance equities.
Available data indicate that the GSE Composite Index (GSE-CI) climbed by 1,338.24 points week-on-week to close at 15,611.32 points, representing a year-to-date (YTD) return of 78.00 percent.
The GSE Financial Stocks Index (GSE-FSI) also advanced strongly, rising by 1,193.69 points to settle at 10,145.30 points, translating into a YTD return of 118.31 percent.
Market capitalisation increased by GH¢30.50 billion during the week to GH¢292.58 billion – nearing GHS 300 billion in market capitalisation – reflecting strong investor demand across several equities.
Banking stocks lead market gainers
Price appreciation on the market was largely driven by gains in banking stocks, with Standard Chartered Bank Ghana PLC and Benso Oil Palm Plantation PLC emerging as the top advancers for the week.
SCB surged by GH¢22.26 to close at GH¢79.41, while BOPP gained GH¢11.99 to end the week at GH¢86.00.
Other notable gainers included Access Bank Ghana PLC, GCB Bank PLC and Enterprise Group PLC, which recorded weekly price increases of GH¢4.22, GH¢3.86 and GH¢2.21 respectively.
Shares of SIC Insurance Company PLC also continued their strong run, rising by GH¢1.95 during the week and posting a year-to-date return of 475 percent.
Decliners remain limited
On the downside, a few equities recorded marginal price declines. Fan Milk PLC fell by GH¢0.95 to close at GH¢15.40, while Société Générale Ghana PLC shed GH¢0.64 to settle at GH¢10.76.
TOTAL Energies Marketing Ghana PLC also recorded a slight dip of GH¢0.02 to end the week at GH¢40.13.
Trading activity
A total of 35.12 million shares exchanged hands on the market during the week, compared with 29.02 million shares recorded in the previous week.
The value of traded equities, however, declined to GH¢131.85 million from GH¢241.27 million in the preceding week.
The most actively traded equities by volume included MTN Ghana, CAL Bank PLC, SIC Insurance Company PLC, GOIL PLC and Ecobank Transnational Incorporated.
Analysts expect trading on the exchange to remain active in the near term as investors continue to reposition portfolios amid strong year-to-date equity returns on the market.
