The Ghana Stock Exchange (GSE) opened the week on a mixed note, with banking and gold stocks giving investors something to cheer about while telecom giant MTN Ghana and CalBank slipped into the red.
By the end of trading on Monday, November 3, 2025, the GSE Composite Index edged down slightly by 15.54 points to 8,369.81, even as the Financial Stocks Index pushed higher, adding 37.95 points to close at 4,231.85. Despite the mild dip, the market remains firmly positive this year, up more than 71% on the composite index and 77% on the financial side.
Trading was fairly active, with over 325,000 shares worth GH¢1.33 million changing hands. MTN Ghana led the activity chart with 121,435 shares, but its price softened by GH¢0.04 to close at GH¢4.16, trimming gains on the main index.
The banking counters, however, took charge of the session. GCB Bank surged by GH¢0.53 to close at GH¢17.50, while Societe Generale followed with a GH¢0.33 jump to GH¢3.74. Ecobank Ghana and Clydestone each inched up by GH¢0.02, adding a boost to the financial index.
Not all banks were smiling though, CalBank lost GH¢0.04 to settle at GH¢0.45, ending the day as one of the main decliners.
In the commodities corner, NewGold ETF climbed GH¢4.00 to GH¢450.00, mirroring firmer gold prices on the international market.
At the close, total market capitalization stood at GH¢166.36 billion, showing that while telecoms took a breather, investor appetite for financial and gold-backed stocks kept the market’s momentum alive.
