The Ghana Stock Exchange (GSE) has opened the week on a strong footing, with the benchmark GSE Composite Index (GSE-CI) posting a 24.97% year-to-date (YTD) return, signaling continued investor confidence in local equities.
The GSE-CI has begun trading at 6,109 points, while the GSE Financial Stock Index (GSE-FSI), which tracks financial sector stocks, has opened at 2,980 points, reflecting a 25.18% YTD gain.
Trading activity remained buoyant last week, with 3.39 million shares changing hands at a total market value of GH¢9.07 million.
Market capitalisation also stood at GH¢135 billion at the close of last week, reinforcing a steady expansion in overall market valuation.
Gainers for the week included Access Bank (ACCESS), CalBank (CAL), Ecobank Transnational Incorporated (ETI), GCB Bank (GCB), Standard Chartered Bank (SCB), and TotalEnergies (TOTAL).
Their share prices closed at GH¢8.00 GH¢0.80, GH¢ 0.82, GH¢ 6.59, GH¢ 1.61, GH¢ 26.00, and GH¢21.90, respectively.
MTN Ghana (MTNGH) was the sole laggard, ending the week at GH¢3.16.
With strong YTD gains and sustained trading volumes, market sentiment has remained positive.
Analysts are expecting equities to extend their rally this week, supported by improving macroeconomic indicators.
