Audio By Carbonatix
Market Capitalisation has seen a sharp rise on the Ghana Stock Exchange (GSE) early this week as it recorded a historic GH¢251 billion as of Tuesday, March 3, 2026.
This culminated to a return of about 56.60 percent to investors driven by growth of telecom giant MTN.
There has been an overall market growth for the period as compared to same time last year with the local bourse recording GH¢251.02 billion.
This is an increase from GH¢244.52 billion recorded previously, indicating an improved investor position in major equities, according to official figures of the Ghana Stock Exchange.
On Tuesday, trading on the GSE closed strongly, witnessing Ghana’s leading telecom operator, MTN Ghana dominating turnover, with continuous investor interest pushing the benchmark indices higher.
Societe Generale Ghana, Ecobank Ghana and GCB Bank Limited followed accordingly.
While Standard Chartered Bank Ghana and Enterprise Group emerged as top performers on the gainers’ chart.
These positive growth is attributed to the continued improvements in the macroeconomic environment and a downward trend in inflation being recorded in the last few months.
Meanwhile there is a growing concern over the impact of the ongoing Middle-East tensions on investor appetite as crude oil prices continue to surge.
The Market Capitalisation is a measure of total value of all listed companies, based on their share prices on the stock exchange.
This is described as an important signal of market growth for the local bourse which has been adjudged the best stock market in Africa for last year as the highest equity performer ahead of other markets.
Latest Stories
-
QNET, Manchester City Host Grassroots Football Clinic in Ghana
32 minutes -
Ebola outbreak poses massive challenges, warns nurse
4 hours -
Bolivian minister’s convoy ambushed while overseeing roadblock clearance
5 hours -
One killed and many feared trapped under collapsed building in Philippines
5 hours -
Trump tells US negotiators ‘not to rush’ into deal with Iran
5 hours -
Conte to leave Napoli a year after winning Serie A
5 hours -
Iraola signs off after writing new Bournemouth chapter
5 hours -
Fifi Folson marks 20 years on air with Thanksgiving Service, launches teen gospel initiative
5 hours -
The moment that broke Guardiola on day a decade of glory ended
5 hours -
Raducanu beaten in French Open first round
5 hours -
Sabalenka cuts media short as French Open players protest
6 hours -
Ghana’s Jada Yankey clocks new personal best at AP Race London International
6 hours -
GPL 2025/26: Berekum Chelsea end season on high with win over Bechem
6 hours -
Alleged shooting of chief’s brother by galamseyers triggers tension at Gwira Ampansie
7 hours -
Livestream: The Probe examines New Decentralisation Policy
7 hours