The Ghana Stock Exchange (GSE) opened the week on a strong note, recording broad-based price gains across multiple counters as bullish sentiment extended into Monday’s trading session.
The GSE Composite Index (GSE-CI) climbed 198.41 points to close at 12,004.09, while the GSE Financial Stocks Index (GSE-FSI) advanced 120.35 points to 6,681.43, reflecting renewed buying interest in banking and insurance equities.
Financial stocks led the rally, with Societe Generale Ghana (SOGEGH) gaining GH¢0.50 to close at GH¢7.34, while Ecobank Ghana (EGH) rose by GH¢0.50 to GH¢51.03. Enterprise Group (EGL) added GH¢0.49 to close at GH¢5.44, and SIC Insurance (SIC) advanced GH¢0.24 to GH¢2.71.
Consumer and manufacturing stocks also posted notable gains. Guinness Ghana Breweries (GGBL) surged GH¢1.10 to GH¢12.10, marking one of the strongest price increases of the session. Unilever Ghana (UNIL) climbed GH¢0.60 to GH¢25.98, while Fan Milk (FML) edged up GH¢0.13 to GH¢13.10.
In the energy and telecom space, Ghana Oil Company (GOIL) gained GH¢0.39 to close at GH¢4.35. Scancom PLC (MTNGH) rose by GH¢0.11 to GH¢5.58, with the telecom giant dominating trading activity.
Total market turnover reached GH¢14.63 million, with 3.89 million shares exchanged. MTN Ghana accounted for the largest share of activity, recording over 1.26 million shares traded, valued at more than GH¢7 million.
Among the few exceptions to the upward trend was NewGold ETF (GLD), which slipped by GH¢0.96 to close at GH¢525.10.
Year-to-date, the market continues to show strong performance, with the GSE Composite Index up 36.87% and the Financial Stocks Index gaining 43.77%, underscoring sustained investor appetite for equities.
Monday’s session signals continued positive momentum as the new trading week begins, with financial and consumer stocks at the forefront of the rally.
