Business News of Tuesday, 5 August 2025

Source: www.ghanaweb.com

GCB Bank, GOIL and MTN Ghana drive market rally on GSE

The Ghana Stock Exchange (GSE) recorded significant gains on Monday, August 4, 2025, with the benchmark GSE Composite Index (GSE-CI) climbing to 7,005.69 points representing a Year-To-Date (YTD) return of 43.31%.

The Financial Stocks Index (GSE-FSI) also inched up by 0.38 points to 3,428.53 translating into a YTD return of 44.01%.

Market capitalisation ended the trading session GH¢139.62 million higher closing at GH¢146.27 billion as investor sentiment appeared buoyant.

Trade activity saw a sharp spike, with a total of 5,454,545 shares changing hands up by 468.05% compared to the previous day’s session.

This surge in volume translated into a total market turnover of GH¢19,067,113.90.

Gains in the equities of GCB Bank, GOIL and MTN Ghana supported the rally, as they closed at GH¢9.54, GH¢2.17 and GH¢3.56 respectively. SIC Insurance slipped to GH¢1.04.

MTN Ghana (MTNGH) dominated trading activity, accounting for the bulk of transactions with 5,169,601 shares traded, valued at GH¢18.40 million.

The telecom giant was followed by Republic Bank Ghana (RBGH), Ecobank Transnational Inc. (ETI), CAL Bank and SIC Insurance in terms of trading volume.

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