The Ghana Stock Exchange (GSE) began the week on a relatively positive note, with the GSE Composite Index (GSE-CI) edging up by 3 points to close at 6,100.08 on Monday, April 7, 2025. This marks a 24.78% increase in the index since the start of the year. The GSE Financial Stocks Index (GSE-FSI) also recorded a modest gain, rising by 1.11 points to 3,063.24, up 28.66% year-to-date.
Monday’s session, since the exchange began, saw a total of 853,232 shares traded across the board, generating a market value of GHS 4,440,000.97. Market capitalization stood at GHS 135.52 billion, reflecting continued investor confidence in key sectors.
Top Performers: GOIL and SIC Drive Gains
Among the standout performers of the day was Ghana Oil Company PLC (GOIL), which saw its share price climb from GHS 1.64 to GHS 1.71, representing a 7-pesewa increase. The stock moved 57,801 shares, amounting to a total value of GHS 98,901.05.
Also recording gains was SIC Insurance Company PLC (SIC). Its share price rose from GHS 0.50 to GHS 0.55, with 45,500 shares traded at a value of GHS 25,025.00. Both companies have shown signs of investor optimism, potentially driven by recent earnings updates and broader sectoral outlooks.
NewGold ETF Slides
On the downside, NewGold ETF (GLD) was the only listing to record a price decline. It dropped by GHS 6.03, closing at GHS 451.65 from its previous GHS 457.68. Despite the drop, NewGold still traded a total of 4,419 units, valued at nearly GHS 2 million (GHS 1,995,852.99), making it the most valuable security traded during the session.
Trading Highlights
- Access Bank Ghana PLC (ACCESS) and Enterprise Group PLC (EGL) maintained strong price stability, closing at GHS 9.12 and GHS 2.75 respectively.
- MTN Ghana (MTNGH) remained actively traded, moving over 200,000 shares and closing flat at GHS 3.10.
- TotalEnergies Marketing Ghana PLC (TOTAL) saw over 45,000 shares change hands, though its price held steady at GHS 6.05.
- The highest value of shares traded (excluding ETFs) came from CAL Bank PLC, which moved over 43,000 shares at GHS 0.72, totaling GHS 31,412.04.
While Monday’s gains were modest, the consistent performance of key stocks and the index’s year-to-date rise offer positive signals for market watchers.
