- Ghana Stock Exchange had a strong start to 2025, with significant growth in Q1
- Ecobank Transnational led with a 174.19% increase in share price, reaching 85 pesewas
- CAL Bank saw a 114.60% rise in stock price, climbing to GH₵0.75
The Ghana Stock Exchange (GSE) experienced a strong start to 2025, with several listed companies posting significant growth in the first quarter. Ecobank Transnational Incorporated led the charge, with a 174.19% increase in its share price, rising from 31 pesewas to 85 pesewas. Over 3.2 million shares were traded, valued at more than GH₵2.3 million. CAL Bank followed with a 114.60% surge, as its stock price jumped from GH₵0.35 to GH₵0.75, with a trading volume of 14.4 million shares worth over GH₵6.7 million.
Clydestone also achieved a notable 100% growth, doubling its value from GH₵0.03 to GH₵0.06.
Totalenergies saw an 83.54% rise, moving from GH₵13.12 to GH₵24.08, with 43,228 shares traded, valued at over GH₵881,000.
Other top performers included SIC Insurance, up 81.48%, and Access Bank, which gained 74.42%.
Overall, the GSE Composite Index increased by 27.19% year-to-date, while the Financial Stock Index rose by 28.50%.
Despite these gains, several stocks, including Fan Milk, ADB, and Cocoa Processing Company Limited, saw no price movement during the quarter.
Market observers anticipate continued activity in the second quarter as listed companies begin releasing their financial results for the first three months of 2025.
