GSE Inches Higher as CAL Bank Gains; MTN Ghana Dominates Turnover
The Ghana Stock Exchange (GSE) closed Tuesday’s session marginally higher, extending its positive run on the back of renewed interest in select equities, particularly in the financial stocks space.
The benchmark GSE Composite Index (GSE-CI) rose by 0.08% to settle at 8,763.68 points, lifting its year-to-date return to 79.27%. The GSE Financial Stocks Index (GSE-FSI) outperformed, advancing by 0.19% to close at 4,638.48 points, with its YTD gain improving to 94.83%.
CAL Bank emerged as the sole price gainer on the session, adding GH¢0.02 to close at GH¢0.62 per share, translating into a 77.14% year-to-date appreciation.
Trading activity was dominated by MTN Ghana (MTNGH), which accounted for the bulk of market turnover. A total of 1.17 million MTNGH shares exchanged hands, valued at GH¢4.92 million, underscoring sustained investor appetite for the telecommunications giant.
Overall market activity strengthened significantly, with total volume traded rising by 128.14% to 1.46 million shares, compared with 639,489 shares in the previous session. Correspondingly, market turnover more than tripled, jumping by 207.77% to GH¢5.36 million.
Market capitalisation edged up to GH¢171.96 billion from GH¢171.87 billion, reflecting the modest gains recorded during the session.
Beyond MTN Ghana and CAL Bank, other actively traded counters included SIC Insurance, Ecobank Transnational Incorporated (ETI) and Enterprise Group (EGH), although none recorded price movements on the day.
The performance reinforces the GSE’s strong 2025 showing, supported by resilient investor sentiment and sustained interest in large-cap stocks, particularly within the financial and telecommunications sectors.
