The Ghana Stock Exchange (GSE) ended the week lower as some investors sold part of their holdings to take profits after several weeks of gains. Trading was generally active, with most of the week’s activity coming from big companies such as MTN Ghana and NewGold ETF.
The main market index, the GSE Composite Index, which tracks the overall performance of listed companies, fell from 8,490.20 points on Monday to 8,367.12 points on Friday. This represents a weekly drop of 1.45 percent. The market’s total value, known as market capitalisation, also reduced from GH¢168.02 billion to GH¢166.52 billion during the week.
Even with this dip, the stock market remains strong for the year, showing an overall gain of more than 71 percent since January.
Trading Activity for the Week
Trading during the week saw ups and downs. On Monday, a little over 220,000 shares worth about GH¢440,600 were traded. Activity rose sharply on Tuesday to 1.5 million shares valued at GH¢2.74 million, dropped slightly midweek, then picked up again on Thursday with the highest volume of 1.6 million shares traded at GH¢4.34 million.
On Friday, trading volume reduced to 878,402 shares, but the total value remained high at GH¢4.08 million because of strong trades in high-priced stocks like MTN Ghana and NewGold ETF.
In total, the market recorded trades worth over GH¢12.7 million for the week, showing that investors are still very active even though prices cooled slightly.
How Individual Stocks Performed
Some stocks saw price increases, while others lost value. Societe Generale Ghana gained GH¢0.25 to close at GH¢2.80, GCB Bank inched up GH¢0.01 to GH¢15.64, and Clydestone Ghana added GH¢0.02 to end at GH¢0.22.
On the other hand, CAL Bank dropped GH¢0.05 to close at GH¢0.80, Mega African Capital lost GH¢0.18 to end at GH¢5.20, and MTN Ghana slipped GH¢0.02 to finish at GH¢4.25.
The NewGold ETF was the week’s standout performer, rising sharply by GH¢92.17 to close at GH¢459.28, boosted by higher global gold prices.
MTN Ghana recorded the highest trade value on Friday, contributing GH¢1.77 million, followed by NewGold ETF, which added GH¢1.09 million.
Market Summary
The GSE ended the week of October 20 to 24, 2025, slightly lower. The GSE Composite Index fell by 1.45 percent, while the GSE Financial Stocks Index, which measures the performance of banks and financial institutions, went up slightly from 4,084.15 points to 4,098.11 points.
In simple terms, while the general market slowed, financial stocks held firm. Investors’ decision to take profits caused the dip, but overall market activity remained healthy.
Despite the small weekly decline, the Ghana Stock Exchange continues to perform strongly in 2025, maintaining its position as one of Africa’s best-performing markets this year.
