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HomenewsGSE makes history: Composite Index shatters 15,000-point barrier as investors frenzy continues

GSE makes history: Composite Index shatters 15,000-point barrier as investors frenzy continues

The Ghana Stock Exchange (GSE) witnessed a historic trading session on Tuesday, with the benchmark GSE Composite Index (GSE-CI) soaring past the 15,000-point mark for the first time ever, closing at an unprecedented 15,185.49. The index recorded a spectacular gain of 598.32 points, extending a remarkable rally that has captivated the market.

The 7,169th trading session was characterized by robust investor appetite, pushing market capitalization to a new all-time high of GHยข277.97 billion, a significant leap from Mondayโ€™s GHยข267.45 billion. The GSE Financial Stocks Index (GSE-FSI) also joined the charge, climbing 252.74 points to settle at 9,538.68.

Activity levels surged, with a total of 2.5 million shares changing hands, culminating in a total traded value of GHยข24.01 millionโ€”a substantial increase from the previous session.

Standard Chartered Leads Blue-Chip Charge

Leading the charge among the large-cap stocks was Standard Chartered Bank Ghana PLC (SCB) , which delivered a stellar performance. The bank’s shares skyrocketed by GHยข6.28 to close at GHยข69.14, further cementing its status as one of the year’s standout performers.

GCB Bank PLC (GCB) remained unchanged at GHยข52.00 despite being a focal point for investors, with over 154,000 shares traded, contributing more than GHยข8 million to the day’s total value. Access Bank (ACCESS) held steady at GHยข46.64.

GOIL and MTN Ghana Fuel Market Momentum

The session’s energy and telecom sectors provided significant firepower. Ghana Oil Company Limited (GOIL) emerged as a key gainer, jumping GHยข0.21 to close at GHยข6.60. It was the second most actively traded stock, with 756,136 shares exchanged.

Telecommunications giant Scancom PLC (MTNGH) continued its upward trajectory, adding GHยข0.39 to close at GHยข6.33. MTN Ghana was the day’s most traded counter by volume, with over 1.18 million shares traded, contributing approximately GHยข7.5 million to the market’s total value.

Broad-Based Rally Lifts Insurance and Banking Stocks

The bullish sentiment was widespread across sectors. SIC Insurance Company PLC (SIC) saw its share price appreciate by GHยข0.54 to GHยข5.98. Republic Bank (Ghana) PLC (RBGH) gained GHยข0.29 to close at GHยข3.26, while Ecobank Transnational Inc. (ETI) added GHยข0.17 to end the day at GHยข1.91.

In the pharmaceutical space, Dannex Ayrton Starwin PLC (DASPHARMA) recorded a modest gain of GHยข0.03 to close at GHยข0.41. Atlantic Lithium Ltd (ALLGH) remained flat at GHยข6.52 despite notable trading activity.

Societe Generale Bucks the Trend

In a session overwhelmingly dominated by gains, Societe Generale Ghana PLC (SOGEGH) was the sole decliner, dipping by GHยข0.02 to close at GHยข11.37.

A wide array of other stocks, including Access Bank, Cal Bank, Fan Milk, TotalEnergies, and NewGold, remained unchanged for the day.

Market Summary: A Stellar Start to 2026

Tuesday’s historic close underscores a phenomenal start to the year for the Accra bourse. The GSE-CI has now posted a staggering year-to-date return of 73.15% . The financial sector, in particular, has been on a tear, with the GSE-FSI delivering an eye-watering return of 105.26% , effectively more than doubling investor capital in a little over two months.

As the benchmark index continues its relentless climb, market analysts and investors are now setting their sights on the next major psychological milestone: the 16,000-point level.


Key Gainers:

ยท Standard Chartered (SCB): +GHยข6.28 to GHยข69.14
ยท SIC Insurance (SIC): +GHยข0.54 to GHยข5.98
ยท MTN Ghana (MTNGH): +GHยข0.39 to GHยข6.33
ยท Republic Bank (RBGH): +GHยข0.29 to GHยข3.26
ยท GOIL (GOIL): +GHยข0.21 to GHยข6.60

Laggard:

ยท Societe Generale (SOGEGH): -GHยข0.02 to GHยข11.37

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