Sustained Rally Pushes GSE to Strong Weekly Close as Benchmark Indices Advance
The Ghana Stock Exchange (GSE) closed the trading week on a positive note, supported by sustained gains across key benchmark indices and a broad-based improvement in market sentiment.
The GSE Composite Index (GSE-CI) added 101.32 points to close at 9,152.65 points, lifting its year-to-date (YTD) return to 4.36%. Similarly, the GSE Financial Stock Index (GSE-FSI) advanced by 45.15 points to settle at 5,036.96 points, translating into a stronger YTD gain of 8.39%.
The upbeat performance across equities drove total market capitalisation higher, rising from GH¢178,835.59 million to GH¢180,744.68 million by the close of the week.
Trading activity improved marginally, with total volume traded increasing to 68.41 million shares, up from 67.24 million shares in the previous week. Correspondingly, the total value of shares traded climbed to GH¢292.48 million, compared with GH¢271.92 million a week earlier.
Equity performance
Price gains were recorded across a number of counters, led by Guinness Ghana Breweries Limited (GGBL) and Access Bank Ghana (ACCESS). GGBL appreciated by GH¢1.79 to close at GH¢8.39, while ACCESS gained GH¢1.59 to end the week at GH¢17.80.
Additional notable gainers included BOPP, Societe Generale Ghana (SOGEGH), Enterprise Group (EGL), Fan Milk Limited (FML), GOIL, SIC Insurance, GCB Bank, Republic Bank Ghana (RBGH) and MTN Ghana (MTNGH), reflecting broad-based buying interest across the market.
On the downside, CAL Bank and TOTAL Energies edged lower, shedding GH¢0.01 each to close at GH¢0.80 and GH¢40.19, respectively.
Most active stocks
In terms of activity, MTN Ghana dominated trading, recording a volume of 62.96 million shares with a total value of GH¢264.44 million. This was followed by CAL Bank, GCB Bank, SIC Insurance, and Ecobank Transnational Incorporated (ETI).
Overall, the week’s performance underscores improving investor confidence, with the GSE maintaining positive momentum as both benchmark indices extend their gains into the new trading week.
