Ghana’s stock market opened the year with a mixed performance, as seven stocks advanced while four declined, even as benchmark indices ended the week largely flat.
Enterprise Group Holdings (EGH) rose 5.0 percent to about US$2.19, while Benso Oil Palm Plantation (BOPP) also gained 5.0 percent to US$4.88. Clydestone Ghana (CPC) recorded the strongest percentage increase, surging 20.0 percent to roughly US$0.005.
Other gainers included GOIL, which climbed 1.35 percent to US$0.25, MTN Ghana, up 0.24 percent to US$0.35, GCB Bank, which added 0.20 percent to US$1.68, and Standard Chartered Bank, which edged 0.10 percent higher to US$2.44.
On the losing side, GLD dropped 6.58 percent to around US$37.37, while CAL Bank declined 4.69 percent to US$0.05. Ecobank Transnational Incorporated (ETI) slipped 1.30 percent to US$0.06, and TotalEnergies Ghana eased marginally by 0.02 percent to US$3.36.
The GSE Composite Index closed unchanged at 8,807.50 points, leaving it up 0.42 percent year to date. The GSE Financial Stocks Index (DSI-20) fell 0.56 percent on the week to 408.09 points, though it remains 0.56 percent higher year to date.
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Market activity strengthened sharply, with weekly turnover rising more than sixfold to approximately US$7.5 million, as 21.55 million shares traded across 24 counters.
MTN Ghana dominated the market, accounting for 93.28 percent of total turnover.
Looking ahead, analysts expect GOIL and Standard Chartered Bank shares to record further gains, while TotalEnergies Ghana is projected to face mild downward pressure.
