Telecoms and financials drive historic highs on the GSE
1. Record-Breaking Index Performance
The market pushed into uncharted territory this week, crossing historic milestones fueled by heavy buying interest.
- GSE Composite Index (GSE-CI): Surged to close at 12,869.20. It gained 334.89 points (2.67%) on Friday alone, capping a phenomenal 1-week gain of 9.01%. This pushes the overall Year-to-Date (YTD) gain to an impressive 46.74%.
- GSE Financial Stocks Index (GSE-FSI): Jumped by 5% on Friday to settle at 7,692.88, recording a massive 1-week gain of 17.25% and bringing its YTD growth to 65.54%.
- Market Capitalization: Hit an all-time high, climbing to GH¢ 235.74 billion.
2. Trading Volume & The MTN Rally
Friday witnessed a spectacular frenzy of market activity:
- A massive 24.11 million shares changed hands in a single day, valued at over GH¢ 135.7 million (a 513% improvement in volume compared to Thursday).
- MTN Ghana (Scancom PLC) was the absolute standout, dominating the market with 22.87 million shares traded. The telecommunications giant drove much of the market's value after announcing record-breaking 2025 profits and a proposed final dividend of GH₵0.40 per share.
3. Weekly Top Gainers and Losers (7-Day Performance)
Market breadth for the week was heavily positive, with insurance and banking stocks completely dominating the rally.
Top Gainers:
- SIC: +57.9%
- SOGEGH: +52.0%
- EGL: +51.1%
- ACCESS: +35.7%
- SCB: +33.0%
The Lone Loser:
- CAL: -7.4%
see all gainers and losers at Valley Terminal
The banking and telecommunications sectors clearly led the charge in pushing the exchange to these new highs.