GSE Rally Fueled by GCB Bank, GOIL, and MTN Ghana
The Ghana Stock Exchange (GSE) experienced a significant surge on Monday, August 4, 2025, with the benchmark index showing robust growth, demonstrating renewed investor confidence in the Ghanaian market. Key players in the financial and telecommunications sectors propelled the rally, contributing to impressive gains in both indices and market capitalization.
Market Performance and Key Contributors
The GSE Composite Index (GSE-CI) reached 7,005.69 points, achieving a Year-To-Date (YTD) return of 43.31%. Simultaneously, the Financial Stocks Index (GSE-FSI) saw a modest increase of 0.38 points, settling at 3,428.53 and reflecting a YTD return of 44.01%. This positive momentum translated to a substantial increase in market capitalization, which rose by GH¢139.62 million to close at GH¢146.27 billion. Trading activity surged dramatically, with a remarkable 468.05% increase in the volume of shares traded, reaching a total of 5,454,545 shares. This substantial volume resulted in a total market turnover of GH¢19,067,113.90. The gains were predominantly driven by the positive performance of GCB Bank, GOIL, and MTN Ghana, with their respective closing prices at GH¢9.54, GH¢2.17, and GH¢3.56. Conversely, SIC Insurance experienced a decline, closing at GH¢1.04. MTN Ghana (MTNGH) particularly dominated trading activity, underscoring its significant influence on the GSE.
The robust performance of MTN Ghana highlights the importance of African tech giants on the Ghana Stock Exchange.
The latest market performance reflects positive trends in the Ghanaian economy.
Keywords
Related Keywords: GCB Bank, GOIL, MTN Ghana, Ghana Stock Exchange, GSE, market rally, stock market, Ghanaian stocks, investment, share prices
