GSE Soars 4.48% in Weekly Rally, Propelled by MTN Ghana’s Strong Performance
Ghana’s equity market concluded the trading week ending July 25, 2025, on a high note, demonstrating robust upward momentum. The benchmark Ghana Stock Exchange Composite Index (GSE-CI) experienced a significant surge of 4.48%, closing at 6,673.11 points. This impressive performance marks a notable turnaround from the previous week’s modest 0.59% decline, pushing the year-to-date (YTD) return for the index to a strong 36.51%, signalling a healthy period for investors in the Ghanaian stock market.
MTN Ghana Leads the Charge Amidst Bullish Sentiment
The substantial gains recorded on the Ghana Stock Exchange were predominantly driven by a wave of bullish investor sentiment towards several large-cap stocks. Leading this charge was MTN Ghana (MTNGH), the prominent telecommunications giant, which singularly accounted for the lion’s share of both the weekly trade volume and value. MTNGH’s stellar activity saw 30.7 million shares change hands, amounting to a remarkable GH¢98.8 million in value, firmly positioning it at the apex of the market’s activity charts. Beyond MTN Ghana, other key contributors to the week’s rally included GLD and Fan Milk Limited (FML), which also registered strong performances, with GLD gaining 3.62% and FML increasing by 1.44%. In contrast to the overall market surge, the GSE Financial Stock Index (GSE-FSI) experienced a slight downturn, edging down by 0.16% to settle at 3,412.29 points, which trimmed its year-to-date gain to 43.33%. Among the financial sector’s decliners, SOGEGH notably dropped by 9 pesewas, closing at GH¢1.97, while CAL Bank (CAL) was also mentioned in the context of financial stock movements.
This positive market trend underscores the resilience of Ghana’s equity landscape, particularly highlighting the significant influence of major players like MTN Ghana in shaping market dynamics. The week’s rally offers a promising outlook for the remainder of the year, driven by strong fundamentals and investor confidence in key sectors.
Keywords
Related Keywords: GSE rally, Ghana Stock Exchange performance, MTN Ghana stock, GSE weekly gain, Ghana stock market news, MTN Ghana share price, GSE index increase, Ghanaian equities, Accra Stock Exchange, MTN Ghana market impact
