GSE Market Capitalisation Surpasses GH¢266bn
Ghana’s equities market ended the trading week on April 17, 2026, with a strong bullish run that lifted investor wealth significantly and pushed total market capitalisation beyond GH¢266 billion, driven by broad-based gains across key listed equities.
The rally saw the Ghana Stock Exchange Composite Index (GSE-CI) surge by more than 357 points to close at 14,024.22, reflecting sustained investor appetite for equities. The financial sector index, the GSE Financial Stocks Index (GSE-FSI), also recorded a sharp advance of nearly 242 points, ending the week at 8,314.05.
The performance translated into a notable increase in market value, with total capitalisation rising by over 7.5 per cent week-on-week, up from GH¢247.7 billion in the previous week to exceed GH¢266 billion.
Trading activity intensified significantly over the period. Total traded volume climbed by nearly 47 per cent to over 12.7 million shares, while the total value of transactions reached approximately GH¢62.3 million, reflecting heightened investor participation across multiple counters.
Among the top performers for the week was Clydestone, which recorded a sharp gain of GH¢0.33 to close at GH¢1.44, representing a nearly 30 per cent weekly increase. Ecobank Transnational Incorporated followed closely, advancing GH¢0.43 to GH¢2.10, marking a 25.8 per cent gain.
SIC Insurance Company Limited also delivered a strong performance, rising GH¢0.90 to GH¢4.46, while GCB Bank PLC gained GH¢5.81 to close at GH¢31.77. Cal Bank also posted a 15 per cent weekly gain, adding GH¢0.11 to end at GH¢0.86.
On a year-to-date basis, SIC Insurance emerged as the standout performer with an exceptional 272 per cent return, followed by Republic Bank at nearly 255 per cent. Ghana Oil Company has also maintained strong momentum, recording a 162 per cent gain since the beginning of the year.
However, not all stocks ended the week in positive territory. Access Bank recorded the steepest decline, losing GH¢11.35 to close at GH¢30.65, representing a 27 per cent drop. Benso Palm Plantation also declined by GH¢10.01 to GH¢89.99, while Enterprise Group eased by 36 pesewas to GH¢11.30. Fan Milk and Standard Chartered Bank Ghana also posted marginal losses.
Friday’s trading session reflected similar mixed sentiment. GCB Bank led gainers, rising by GH¢2.88, while SIC Insurance and Societe Generale Ghana also posted gains. On the downside, Access Bank, TotalEnergies Marketing Ghana, Enterprise Group, and Benso Palm Plantation all recorded declines.
Sector-wise, the ICT segment dominated trading activity, driven largely by MTN Ghana. The telecom giant accounted for over 64 per cent of total volume and about 75 per cent of total value traded, underscoring its continued influence on overall market direction.
Despite pockets of volatility, the overall market tone remained strongly positive, reinforcing growing investor confidence and sustained bullish momentum on the Ghana Stock Exchange.
