Accra: The Ghana Stock Exchange (GSE) ended the week of April 24, 2026, on a high note, with the main market index rising by 6.05 percent. Total market capitalisation, the combined value of all listed companies, increased to GHS278.98 billion, a jump of nearly 5 percent in just seven days. Trading activity was notably intense. While the volume of shares traded grew by a steady 6.68 percent to 13.55 million shares, the total value of those trades surged by over 40 percent to GHS87.33 million. This indicates that investors are shifting their focus toward more expensive, high-quality stocks.
According to Ghana Web, the finance and telecommunications sectors dominated the market, together accounting for 90 percent of all trading activity. The finance sector led with 46 percent of the volume, followed closely by the information and communications technology (ICT) sector at nearly 44 percent.
Banking and insurance stocks were the primary drivers of the market's growth. GCB Bank was the standout performer of the week, rising 33.84 percent to close at GHS42.52, bringing its total gain for the year to over 93 percent. SIC Insurance gained 20.63 percent this week and is currently trading at 348 percent above its price at the start of 2026. Republic Bank increased by 18.22 percent, closing the week at GHS5.58. MTNGH, the telecom giant, rose 7.70 percent to GHS6.57, pushing its yearly return past 56 percent. In its first full week of trading, the newly listed ZEN Petroleum saw a 9 percent gain.
Despite the overall market boom, a few companies saw their share prices drop. TotalEnergies recorded the biggest loss, falling nearly 10 percent to GHS34.54. Benso Palm Plantation dropped 5.55 percent to close at GHS85.00. Fan Milk and Enterprise Group both saw moderate declines of 2.79 percent and 1.95 percent, respectively.
The Accra bourse is having a historic year. Since January 1, the broader market index has grown by over 62 percent, while financial stocks have surged by 90 percent. Although the week ended with some investors selling shares to lock in profits, the market enters the final week of April with significant momentum. Analysts will be watching closely to see if the current "buying fever" continues or if the market begins to stabilize.