GSE outperforming it peers as SIC leads equity market
SIC Insurance Plc is leading the Ghana Stock Exchange equity market with a 122.22% Year-to-Date gain from a stock price of GH¢0.27 at the start of 2025 to GH¢0.60.
The surge indicates investor confidence in Ghana’s insurance sector reforms.
This comes as Ghana’s equities market continues to outperform its continental peers with the Ghana Stock Exchange Composite Index (GSE-CI) posting an impressive 24.80% Year-to-Date return as at April 11, 2025, extending the bullish momentum recorded since the beginning of the year.
Alongside SIC, CAL Bank, GOIL and SCB Ghana have also contributed to broad-based gains in financial and energy stock despite weak activity levels in the broader commodities market.
SIC Brokerage’s investment desk remains optimistic about the long-term prospects of Ghanaian equities.
The Ghana Stock Exchange led by SIC’s breakout performance and solid gains in consumer and financial stocks, continues to deliver growth in a region still grappling with macro imbalances.
SP/AE
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