Investor confidence drives GSE’s GH¢100bn market cap

The Ghana Stock Exchange (GSE) achieved a landmark market capitalization of GH¢100 billion, closing at GH¢102.07 billion on November 4, 2024.

This growth—adding around GH¢29 billion in 2024 alone—reflects renewed investor confidence and the resilience of Ghana's economy.

Gains in telecommunications, financial services, and commodities sectors fueled this growth, with MTN Ghana and the NewGold ETF leading market activity.

The GSE Composite Index rose to 4,542.03 points, marking a 45.10% year-to-date return, while the Financial Stocks Index gained 17.92% year-to-date.

GSE Managing Director Abena Amoah emphasized the importance of this milestone for economic growth and financial inclusion, with continued efforts to expand market influence and support sustainable wealth creation.