The Ghana Stock Exchange (GSE) closed the week ending April 25, 2025, on a largely stable note, buoyed by strong trading activity and sustained investor confidence. Despite minor fluctuations among key equities, the market maintained positive momentum, with notable year-to-date growth across major indices.
The GSE Composite Index (GSE-CI) posted a marginal gain of 0.15 points during the week, rising from 6,061.59 to 6,061.74 points. Meanwhile, the secondary index dipped slightly by 1.23 points. Nevertheless, the overall market performance remained robust, with the GSE-CI recording an impressive 24% growth since the start of the year, and the secondary index boasting an even stronger 29.98% year-to-date gain.
Throughout the week, MTN Ghana (MTNGH) continued to dominate volumes, consistently leading with massive share transactions. In total, trading volumes surged, particularly on Wednesday and Friday, when over 4.9 million and 4.5 million shares, respectively, were exchanged on the market. The value of shares traded peaked at GH¢16.29 million midweek and remained strong with GH¢15.77 million on Friday.
Equity performance was mixed, with some companies standing out. Benso Oil Palm Plantation (BOPP) recorded an early surge, closing the week with significant price gains. Fan Milk Limited (FML) also posted a notable price increase of GH¢0.10, reflecting renewed investor interest in consumer sector stocks. Meanwhile, TotalEnergies Marketing Ghana (TOTAL) witnessed consistent minor gains across the week, further strengthening its position.
Conversely, the Gold-backed Exchange Traded Fund (GLD) faced a challenging week, experiencing a noticeable decline in value. After an initial gain, GLD lost momentum, dropping by GH¢24.02 to close the week at GH¢460.00, reflecting fluctuations in global commodity markets.
Market capitalization fluctuated slightly but remained steady overall, closing at GH¢135.42 billion.
