The Ghana Stock Exchange saw a strong start to 2025, with several listed companies recording significant growth in the first quarter.
Ecobank Transnational Incorporated led the pack with a 174.19 percent rise in its share price, moving from 31 pesewas to 85 pesewas . Over 3.2 million shares were traded, valued at more than GH₵2.3 million.
CAL Bank followed with a 114.60 percent increase, with its stock price climbing from GH₵0.35 to GH₵0.75. It recorded a trading volume of 14.4 million shares, generating over GH₵6.7 million.
Clydestone also achieved a perfect 100 percent growth, doubling its value from GH₵0.03 to GH₵0.06.
Totalenergies posted an 83.54 percent gain, rising from GH₵13.12 to GH₵24.08. The energy stock saw 43,228 shares traded, valued at over GH₵881,000.
Other strong performers included SIC Insurance, which rose by 81.48 percent, and Access Bank, which gained 74.42 percent.
In all, the GSE Composite Index went up by 27.19 percent for the year to date, while the Financial Stock Index climbed 28.50 percent.
Despite the gains, several stocks recorded no price movement during the quarter, including Fan Milk, ADB, and Cocoa Processing Company Limited.
Market watchers expect continued activity in the second quarter as listed firms begin to publish results for the first three months of the year.