The Ghana Stock Exchange (GSE) Composite Index has reached an all-time high of 3,500 points, driven by strong corporate earnings and foreign investor interest. The market capitalization now exceeds GHS 60 billion.
Top performing stocks include:
- MTN Ghana (+40%)
- Ecobank Ghana (+35%)
- GCB Bank (+30%)
- Guinness Ghana Breweries (+28%)
- Unilever Ghana (+25%)
Market analysts attribute the rally to:
- Improved macroeconomic outlook
- IMF program approval
- Strong corporate earnings
- Relatively low valuations compared to regional peers
- Increased foreign investor interest