Ghana’s stock market advanced for a third straight session on Wednesday, lifted by gains in banking and beverage stocks, with the benchmark GSE Composite Index climbing 6.23 points to close at 8,501.99.
The rally pushed the local bourse’s year-to-date growth to 73.92%, cementing its position as one of Africa’s top-performing exchanges in 2025. The GSE Financial Stocks Index also rose 25.57 points to 3,985.27, reflecting renewed investor appetite for financial sector equities.
Market capitalization increased to GH¢167.05 billion, up from GH¢166.80 billion the previous day, while the total value of shares traded reached GH¢6.03 million, despite a lower trading volume of 976,196 shares compared to Tuesday’s 1.28 million.
Trading was dominated by Guinness Ghana Breweries PLC (GGBL) and Fan Milk PLC (FML), both climbing GH¢0.30 each to close at GH¢6.60, as demand for consumer goods stocks strengthened. Standard Chartered Bank Ghana PLC (SCB) also advanced GH¢0.89 to GH¢29.00, extending the banking sector’s positive momentum.
Further gains came from Cal Bank PLC (CAL), which added GH¢0.02 to GH¢0.85, and Ecobank Transnational Inc. (ETI) and Republic Bank (Ghana) PLC (RBGH), each rising by GH¢0.01 to close at GH¢0.93 and GH¢1.25, respectively.
However, losses in Scancom PLC (MTNGH) and TotalEnergies Marketing Ghana PLC (TOTAL) capped broader market gains. MTN Ghana slipped GH¢0.02 to GH¢4.47, while TotalEnergies edged GH¢0.10 lower to GH¢40.50.
The session’s upbeat close reflected continued investor confidence following recent corporate earnings and stable macroeconomic indicators.
