The Ghana Stock Exchange (GSE) continued its steady climb this week, with the Composite Index closing Wednesday at 7,443.29, bringing its year-to-date gain to an impressive 52.26%. Investors appeared cautiously optimistic, with price movements reflecting selective gains across key equities.
Trading activity started the week strong, with Monday seeing 7.8 million shares change hands, valued at GH¢30 million. Tuesday built on that momentum, hitting 8.7 million shares worth GH¢34.6 million. By Wednesday, trading slowed to 589,225 shares at GH¢2.2 million, signaling a midweek pause as investors digested earlier gains.
Individual stocks displayed some interesting swings. GCB Bank (GCB) added 3 pesewas to close at GH¢9.57, while Fan Milk (FML) edged up to GH¢4.41, and Scancom (MTNGH) inched higher to GH¢3.98.
On the flipside, Cal Bank (CAL) dipped to GH¢0.51, Unilever Ghana (UNIL) eased to GH¢20.40, and the NewGold ETF (GLD) retreated 16.42 points to GH¢388.
The week’s activity highlights a market in motion, with early volume surges giving way to measured trading midweek. Market capitalization edged up to GH¢151.46 billion by Wednesday, reflecting both rising stock prices and ongoing investor engagement.
Investors tracking the banking, consumer goods, and resources sectors have reasons to stay alert, as movements in these equities continue to shape the trajectory of the Composite Index.
While trading slowed on Wednesday, the overall trend for the week shows incremental gains and steady confidence in the market.
