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Selective Buying Pushes GSE Composite Index Up to 8,997 Points

3 months ago
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Selective Buying Pushes GSE Composite Index Up to 8,997 Points

The Ghana Stock Exchange (GSE) closed the January 28, 2026 trading session modestly higher, supported by selective gains in key equities that nudged the benchmark indices upward.

The GSE Composite Index (GSE-CI) edged up by 0.14% to close at 8,997.05 points, lifting its year-to-date (YTD) return to 2.59%. Similarly, the GSE Financial Stocks Index (GSE-FSI) advanced by 0.35% to settle at 4,919.91 points, pushing its YTD gain to 5.87%.

Reflecting the positive market performance, total market capitalisation increased by GH¢181.96 million to GH¢178.71 billion from GH¢178.53 billion recorded in the previous session.

Trading activity was robust, with a total of 30.55 million shares exchanging hands, valued at GH¢121.22 million. This represented a significant increase compared with the prior session’s turnover.

On the gainers’ chart, BOPP, CAL and EGH each appreciated by GH¢0.04 to close at GH¢62.60, GH¢0.76 and GH¢28.93 respectively. EGL also recorded a marginal gain of GH¢0.01 to end the session at GH¢3.54. On the downside, TOTAL emerged as the sole decliner, shedding GH¢0.03 to close at GH¢40.20.

MTN Ghana (MTNGH) dominated market turnover, accounting for about 97.8% of total traded value. The telecoms giant recorded trades worth GH¢118.61 million, representing 28.24 million shares.

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Overall, the session reflected cautious but positive investor sentiment, as gains in selected counters outweighed limited losses, keeping the market on a steady upward trajectory.

Tags: 997 PointsGSE Composite IndexSelective Buying Pushes GSE Composite Index Up to 8
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