GSE rebounds 2.82% as MTN Ghana leads rally

The Ghana Stock Exchange (GSE) posted a strong rebound at the end of the week on Friday, June 13, 2025, as the benchmark GSE-Composite Index (GSE-CI) surged by 2.82% to close at 6,174.03 points, recovering from last week’s 2.37% decline.

The rally was driven largely by price appreciations in MTN Ghana (MTNGH) and Benso Oil Palm Plantation (BOPP) with the former emerging as the week’s most actively traded equity.

MTNGH gained 13 pesewas to close at GH¢2.94 per share while BOPP inched up by 5 pesewas to GH¢34.25.

The GSE Financial Stock Index (GSE-FSI) also recorded gains climbing 1.32% week-on-week to settle at 3,287.72 points.

Year-to-date (YTD) the GSE-CI and GSE-FSI have returned 26.30% and 38.09% respectively.

Despite the index gains, market activity weakened as total share volume traded, plunged by 70.15% to 3.34 million shares.

Turnover also fell sharply by 44.87% to GH¢21.88 million down from GH¢39.70 million the previous week.

Market capitalisation rose to GH¢136.30 billion sustained by gains in large-cap stocks.

On the decliners’ list, Ecobank Transnational Incorporated (ETI) and the Ghana Gold ETF (GLD) lost ground with ETI shedding 4 pesewas to close at GH¢0.86 while GLD dropped GH¢8.67 to GH¢388.43.

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