The Ghanaian equities market continued its strong upward momentum in the week ending March 13, 2026, with the benchmark index of the Ghana Stock Exchange recording impressive gains amid renewed investor confidence and rising demand for financial stocks.
The GSE Composite Index climbed by 1,338.24 points week-on-week to close at 15,611.32 points, pushing the market’s year-to-date return to a remarkable 78 percent. Similarly, the GSE Financial Stocks Index advanced by 1,193.69 points to settle at 10,145.30 points, delivering an even stronger year-to-date gain of 118.31 percent.
Market capitalisation also rose sharply, increasing by GH¢30.50 billion within the week to reach GH¢292.58 billion bringing the total value of listed equities very close to the GH¢300 billion milestone.
Banking and insurance stocks were the main drivers of the rally. Shares of Standard Chartered Bank Ghana PLC led the gainers after jumping by GH¢22.26 to close at GH¢79.41. Benso Oil Palm Plantation PLC also posted a strong performance, rising by GH¢11.99 to end the week at GH¢86.00.
Other notable advances came from Access Bank Ghana PLC, GCB Bank PLC, and Enterprise Group PLC, which recorded weekly gains of GH¢4.22, GH¢3.86, and GH¢2.21 respectively. Shares of SIC Insurance Company PLC maintained their bullish run, adding GH¢1.95 during the week and delivering an extraordinary year-to-date return of about 475 percent.
Losses on the market were relatively limited. Fan Milk PLC declined by GH¢0.95 to close at GH¢15.40, while Société Générale Ghana PLC shed GH¢0.64 to finish at GH¢10.76. TotalEnergies Marketing Ghana PLC also recorded a marginal drop of GH¢0.02 to close at GH¢40.13.
Trading activity remained robust. A total of 35.12 million shares were traded during the week, up from 29.02 million shares previously. However, the value of trades declined to GH¢131.85 million from GH¢241.27 million in the preceding week, suggesting a shift toward lower-priced equities despite higher volumes.
The most actively traded stocks by volume included MTN Ghana, CAL Bank PLC, SIC Insurance Company PLC, GOIL PLC, and Ecobank Transnational Incorporated.
Market analysts expect activity on the exchange to remain strong in the coming weeks as investors continue to rebalance portfolios to capture the exceptional equity returns recorded so far this year. If the current momentum persists, the Ghana Stock Exchange could soon cross the historic GH¢300 billion market capitalisation mark a signal of growing confidence in the country’s capital market.
