The Ghana Stock Exchange closed the week on a strong bullish note, with equities maintaining upward momentum as investor demand intensified across banking, insurance, and telecom stocks.

Market data shows that the exchange recorded an average weekly price gain of 5.62%, reflecting broad-based buying activity and renewed confidence among investors. The rally pushed total market capitalisation beyond GHS 266 billion, marking another milestone in the market’s ongoing recovery.

Trading activity remained firm throughout the week, with several counters posting double-digit gains, particularly within the financial sector.

Top Gainers Drive the Market

Leading the charge was Clydestone (CLYD), which surged by 29.73% from GHS 1.11 to GHS 1.44, making it the best-performing stock for the week.

It was followed closely by:

  • Ecobank Transnational (ETI), up 25.75% to GHS 2.10

  • SIC Insurance (SIC), gaining 25.28% to GHS 4.46

  • GCB Bank (GCB), rising 22.38% to GHS 31.77

  • CalBank (CAL), advancing 14.67% to GHS 0.86

  • MTN Ghana (MTNGH), climbing 10.91% to GHS 6.10

Other notable gainers included:

  • Atlantic Lithium (ALLGH) (+9.92%) to GHS 7.20

  • Societe Generale Ghana (SOGEGH) (+5.41%) to GHS 5.65

  • Republic Bank Ghana (RBGH) (+4.66%) to GHS 4.72

  • TotalEnergies Marketing Ghana (TOTAL) (+0.50%) to GHS 38.28

  • Ghana Oil Company (GOIL) (+0.38%) to GHS 7.89

  • Gold ETF (GLD) (+0.02%) to GHS 502.89

The strong performance across these counters highlights sustained investor appetite, especially for financial and energy stocks.

 

Losers: Declines Led by Banking and Consumer Stocks

On the downside, a few stocks recorded losses as some investors took profits after recent rallies.

Access Bank Ghana (ACCESS) posted the steepest decline, dropping 27.02% from GHS 42.00 to GHS 30.65.

Other laggards included:

  • Benso Oil Palm Plantation (BOPP) (-10.01%) to GHS 89.99

  • Enterprise Group (EGL) (-3.09%) to GHS 11.30

  • Guinness Ghana Breweries (GGBL) (-1.29%) to GHS 15.30

  • Ecobank Ghana (EGH) (-1.11%) to GHS 48.90

  • Fan Milk (FML) (-0.32%) to GHS 12.55

  • Standard Chartered Bank Ghana (SCB) (-0.03%) to GHS 71.38

 

Year-to-Date Standouts

Despite some weekly losses, several stocks continue to post exceptional gains on a year-to-date basis.

  • SIC Insurance (SIC) leads with +271.67%

  • Republic Bank Ghana (RBGH) follows at +254.89%

  • Clydestone (CLYD) is up +188.00%

  • Ecobank Transnational (ETI) has gained +172.73%

  • Ghana Oil Company (GOIL) is up +162.13%

  • Standard Chartered Bank (SCB) has risen +143.95%

 

Market Sentiment

The week’s performance reflects a market that is gaining strength, supported by improving macroeconomic expectations and sustained interest in fundamentally strong stocks.

However, the sharp declines in a few counters—particularly ACCESS and BOPP—suggest that volatility and profit-taking remain part of the current market dynamics.

Overall, the Ghana Stock Exchange continues to show resilience, with momentum firmly tilted to the upside as investors position themselves for further gains.