The Ghana Stock Exchange (GSE) recorded significant growth in trading activity in September 2026, although its benchmark indices declined during the month.
The GSE Composite Index (GSE-CI) fell by 6.20 per cent to 14,141.56 points from 15,076.25 points in August, while the GSE Financial Stocks Index (GSE-FSI) declined by 4.43 per cent to 7,554.56 points from 7,904.58 points.
The monthly report made available to The Ghanaian Times said that despite the monthly decline, the market maintained strong year-to-date gains, with the GSE-CI returning 61.24 per cent and the GSE-FSI 62.56 per cent by the end of September.
Trading activity also strengthened significantly compared with the same period last year, according to the GSE’s September market report.
The equities market recorded 102.98 million shares traded, valued at GH¢562.29 million, representing year-on-year increases of 123.94 per cent in volume and 197.05 per cent in value.
Compared with August, the volume of shares traded more than doubled, while the value rose by 166.83 per cent.
The market’s total capitalisation, however, declined by 5.34 per cent month-on-month to GH¢270.34 billion from GH¢285.58 billion.
Cumulatively, 1.06 billion shares valued at GH¢5.34 billion had been traded between January and September 2026. These represented increases of 75.76 per cent in volume and 74.70 per cent in value compared with the corresponding period in 2025.
The GSE report also indicated that market transactions had reached 110,395, representing a 221.65 per cent increase over the same period last year.
On individual stocks, Digicut Production & Advertising PLC led the gainers, rising by 67.86 per cent during September. Cocoa Processing Company PLC followed with a 40 per cent increase.
Enterprise Group PLC gained 9.38 per cent, Fan Milk PLC rose by 5.82 per cent, while GCB Bank PLC recorded a marginal gain of 1.14 per cent.
Dannex Ayrton Starwin PLC
BY TIMES REPORTER
