The Ghana Stock Exchange (GSE) began the new trading week strongly on Monday, September 29, 2025, as gains in banking, energy and gold-backed stocks lifted confidence and extended the market’s upward run.
From the opening bell, activity leaned positive, with demand building in some of the most influential counters. The tone was set by the banks, where Ecobank Ghana climbed by GH¢1.00 to close at GH¢12.00, its strongest showing in weeks. GCB Bank also edged up by GH¢0.07 to GH¢14.10, and Cal Bank advanced slightly to GH¢0.64. The only major bank to fall was Access Bank Ghana, which slipped by a pesewa to GH¢16.34.
Outside banking, the momentum was carried by energy and gold. TotalEnergies Marketing Ghana posted a strong gain of GH¢1.51, finishing the day at GH¢37.00 and underlining steady investor interest in oil and energy-related stocks. The NewGold ETF, which mirrors the global price of gold, also rose by GH¢2.90 to settle at GH¢476.90, offering investors a hedge against uncertainty.
These movements pushed the market’s main barometer, the GSE Composite Index, up by 41.85 points to close at 8,161.85 points. The GSE Financial Stocks Index, which tracks banks and financial institutions, advanced even more sharply, rising by 39.64 points to 3,790.98. In simple terms, both measures show that prices were moving broadly upward, especially within the financial sector.
Turnover was also notable. Investors exchanged about 2.07 million shares, valued at GH¢8.36 million. By the close of trading, the combined worth of companies listed on the exchange, known as market capitalization, had risen to GH¢162.35 billion.
Monday’s upbeat performance built on momentum from the previous week. After a public holiday on Monday, the exchange recorded gains across the remaining four sessions. The Composite Index rose from 7,800.70 points on Tuesday to 8,120.00 points by Friday, an increase of over 319 points. Market capitalization expanded by more than GH¢4 billion, supported by steady interest in banking stocks and energy-related counters.
With the latest advance, year-to-date performance remains exceptionally strong. Since January, the GSE Composite Index has returned 66.96%, while the Financial Stocks Index has gained 59.23%. For investors, this means most shares on the market have significantly appreciated in value, making the GSE one of the standout performers across African exchanges this year.
