As of the end of March 2025, the Ghana Stock Exchange (GSE) sent a strong signal to the market, closing the first quarter with a performance that has investors buzzing with optimism.
If you're wondering what this surge actually means, this GhanaWeb Business article breaks down the success and its implications.
In the first quarter of 2025, the Ghana Stock Exchange Composite Index (GSE-CI), the main gauge of stock market performance in Ghana, soared by nearly 7% in January alone, reaching over 5,200 points.
The GSE demonstrated remarkable growth, reinforcing its status as one of Africa’s top-performing markets.
What's fueling the surge?
Banking and Energy Stock Resurgence:
Banks are seeing profits rise, driven by higher interest income from government securities and increased lending activity.
Financial institutions such as Access Bank Ghana PLC, SIC Insurance Company PLC, CalBank, and Enterprise Group PLC stood out in Q1 2025, reflecting strong growth in the equity market.
Meanwhile, Clydestone (Ghana) PLC emerged as the quarter’s top gainer with a dramatic 100% increase, followed closely by TotalEnergies Marketing Ghana PLC, which surged 60.75%.
These performances have raised the bar for energy stocks and equities overall.
Telecom traction:
Telecommunications giant MTN Ghana, long regarded as the market leader, continued to profit from increased data usage and mobile money services.
MTN Ghana (MTNGH) consistently ranked among the top five most traded equities in the first quarter of 2025.
With 5G potentially on the horizon, this sector is expected to grow even further.
This surge carries major implications for investors and the broader equity market.
What does this mean for investors?
The GSE's strong Q1 performance signals renewed investor confidence.
With treasury yields falling and inflation expected to ease, investors are turning back to equities in search of growth.
Analysts predict the market could rise another 40–45% by the end of 2025.
For current investors, this may be the time to double down on high-performing sectors. For new entrants, it's an opportune moment to consider building a diversified portfolio, especially while valuations remain relatively attractive.
The Ghana Stock Exchange’s Q1 2025 surge represents more than just positive numbers, it reflects growing economic recovery, corporate strength, and rising investor enthusiasm.
SP/MA
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