The Ghana Stock Exchange (GSE) recorded a rebound on Wednesday, March 26, 2025, as the GSE-Composite Index (GSE-CI) surged by 155.17 points, closing at 6,218.93.
This strong recovery followed a period of fluctuating investor sentiment, with increased trading activity pushing the market’s total traded volume to 1,754,626 shares and the transaction value to GH₵9,009,102.14. While the market experienced a dip in activity on Tuesday, renewed investor interest in key stocks contributed to the midweek recovery.
Market Performance from Monday to Wednesday
The trading session on Monday, March 24, began with high investor activity, as the market recorded the highest trading volume of 5,766,574 shares and a transaction value of GH₵48.88 million. The GSE-CI stood at 6,126.08, reflecting strong early-week momentum. However, Tuesday, March 25, saw a significant slowdown, with trading volume dropping to 479,987 shares and the transaction value declining to GH₵1.73 million. The index fell to 6,063.76, indicating reduced investor participation.
By Wednesday, March 26, the market rebounded, as trading volume increased to 1,754,626 shares, while transaction value climbed to GH₵9.00 million. The sharp rise in the GSE-CI by 155 points was driven by gains in key stocks, particularly in the telecommunications, banking, and energy sectors.
Top price movers
MTN Ghana (MTNGH) remained the most actively traded stock, accounting for a substantial portion of the market’s trading volume. The telecommunications company saw 1,560,546 shares exchanged, generating a transaction value of GH₵4,791,445.92. Its stock price increased by GH₵0.01 to close at GH₵1.33, representing a 0.76% gain.
Similarly, GCB Bank PLC (GCB) recorded a price increase of GH₵0.04, moving from GH₵6.51 to GH₵6.55. The bank traded 92,365 shares, amounting to GH₵655,146.75 in transaction value. The 0.61% price increase aligned with the broader banking sector’s positive movement on the day.
Meanwhile, Ghana Oil Company (GOIL) posted a modest gain of GH₵0.01, closing at GH₵1.53 after trading 8,846 shares. The company’s total transaction value reached GH₵13,537.38, while its 0.66% price appreciation indicated sustained investor interest despite relatively lower trading volumes.
The NewGold ETF (GLD), which tracks global gold prices, recorded a slight increase of GH₵0.01, closing at GH₵451.99. A total of 7,525 shares were traded, amounting to a transaction value of GH₵3,400,547.50. Although the price movement was marginal, the trading activity suggested that investors continued to view gold as a safe-haven asset amid broader economic conditions.
Despite the general market uptrend, Cal Bank PLC (CAL) recorded a decline of GH₵0.01, closing at GH₵0.70 from its previous GH₵0.71. The stock saw a total trading volume of 38,365 shares, with a transaction value of GH₵26,407.88. The 1.41% decline indicated some level of sell-off, contrasting with the positive movements observed in the broader banking sector.
Total Market Summary:
- Total Shares Traded: 1,754,626
- Total Market Turnover: GH₵9,009,102.14
- Top Traded Stock (by volume): MTN Ghana (1,560,546 shares)
- Top Gainer (by percentage): GCB Bank PLC (+0.61%)
- Biggest Decliner: Cal Bank PLC (-1.41%)
