The Ghana Stock Exchange (GSE) extended its remarkable rally on Tuesday, with the benchmark GSE Composite Index (GSE-CI) breaching the 13,700-point barrier to close at 13,734.54—a gain of 384 points in a single session.
Trading data for the 7,165th session revealed a market firing on all cylinders, as total volume hit 4,918,176 shares with aggregate value soaring to GH¢39,303,092.48, marking the highest single-day value recorded in consecutive sessions.
Market capitalisation ballooned to an unprecedented GH¢251.02 billion, up from Monday’s GH¢244.52 billion, as investor appetite for equities showed no signs of abating.
The GSE Financial Stocks Index (GSE-FSI) outperformed the benchmark, posting a robust gain of 427.72 points to settle at 8,495.93.
Banking Titans Dominate Gains
Ecobank Ghana PLC (EGH) emerged as the day’s standout performer, surging GH¢4.00 to close at GH¢57.00. The banking heavyweight attracted significant investor interest, with 101,107 shares changing hands and contributing GH¢5.76 million to total market value.
Standard Chartered Bank Ghana PLC (SCB) delivered another stellar performance, adding GH¢4.29 to close at GH¢47.24, while GCB Bank PLC (GCB) continued its upward trajectory with a GH¢3.27 gain to end at GH¢45.28.
Societe Generale Ghana PLC (SOGEGH) also posted impressive gains, rising GH¢0.42 to close at GH¢11.51, with 634,549 shares traded—the second-highest volume of the session.
MTN Ghana Extends Record Run
Scancom PLC (MTNGH) built on Monday’s all-time high, adding GH¢0.02 to close at GH¢5.78. The telecommunications giant remained the most actively traded counter, with 3,085,929 shares exchanging hands, contributing GH¢17.83 million—nearly half of the session’s entire turnover.
The stock’s closing bid price of GH¢5.80 and offer price of GH¢6.30 suggest further upside potential as investors position themselves ahead of the dividend payment date.
Consumer and Insurance Stocks Join Rally
Enterprise Group PLC (EGL) recorded a gain of GH¢0.72 to close at GH¢8.20, while Fan Milk PLC (FML) added GH¢0.54 to reach GH¢15.89. Guinness Ghana Breweries PLC (GGBL) rose by GH¢0.35 to close at GH¢15.00, and Unilever Ghana PLC (UNIL) appreciated by GH¢0.94 to GH¢27.90.
Ghana Oil Company Limited (GOIL) continued its recent momentum, gaining GH¢0.47 to close at GH¢5.25, while SIC Insurance Company PLC (SIC) added GH¢0.33 to end at GH¢4.61. Republic Bank (Ghana) PLC (RBGH) rose by GH¢0.23 to GH¢2.62, and Ecobank Transnational Inc. (ETI) gained GH¢0.10 to close at GH¢1.42.
HORDS Records Heavy Trading on GAX
In the Ghana Alternative Market, Hords PLC (HORDS) recorded significant trading activity, with 195,121 shares changing hands—a rare occurrence for the junior market counter. The stock remained unchanged at GH¢0.10.
Market Summary
The GSE-CI has now gained 56.60 per cent since the start of the year, while the financial stocks index has delivered an extraordinary 82.82 per cent return.
Analysts attribute the sustained rally to strong corporate earnings, attractive dividend yields, and renewed confidence in Ghana’s economic trajectory.
Tuesday’s session marked the seventh consecutive day of gains for the benchmark index, with market watchers now eyeing the 14,000-point level as the next psychological barrier.
Tuesday’s Gainers
Company Price Gain (GH¢) Closing Price (GH¢)
Standard Chartered Bank Ghana PLC (SCB) +4.29 47.24
Ecobank Ghana PLC (EGH) +4.00 57.00
GCB Bank PLC (GCB) +3.27 45.28
Unilever Ghana PLC (UNIL) +0.94 27.90
Enterprise Group PLC (EGL) +0.72 8.20
Fan Milk PLC (FML) +0.54 15.89
Ghana Oil Company Limited (GOIL) +0.47 5.25
Societe Generale Ghana PLC (SOGEGH) +0.42 11.51
Guinness Ghana Breweries PLC (GGBL) +0.35 15.00
SIC Insurance Company PLC (SIC) +0.33 4.61
Republic Bank (Ghana) PLC (RBGH) +0.23 2.62
Ecobank Transnational Inc. (ETI) +0.10 1.42
Scancom PLC (MTNGH) +0.02 5.78
Unchanged Stocks
Access Bank (ACCESS) — GH¢42.40
Agricultural Development Bank (ADB) — GH¢5.06
AngloGold Ashanti (AGA) — GH¢37.00
Aluworks (ALW) — GH¢0.10
Asante Gold Corporation (ASG) — GH¢8.89
Atlantic Lithium (ALLGH) — GH¢6.40
Benso Palm Plantation (BOPP) — GH¢74.00
Cal Bank (CAL) — GH¢0.88
Clydestone (CLYD) — GH¢0.74
Camelot (CMLT) — GH¢0.14
Cocoa Processing Company (CPC) — GH¢0.07
Dannex Ayrton Starwin (DASPHARMA) — GH¢0.38
First Atlantic Bank (FAB) — GH¢7.84
Mega African Capital (MAC) — GH¢5.20
PBC — GH¢0.02
Trust Bank Gambia (TBL) — GH¢1.20
TotalEnergies (TOTAL) — GH¢40.15
Tullow Oil (TLW) — GH¢11.92
