Investors forecasted to enjoy 45% price gain on GSE-listed equities this year

Analysts predict that investors in the Ghana Stock Exchange (GSE) can expect price gains above 45% for listed equities in 2025, although this is 11% lower than the 2024 performance.

The market’s strong performance in 2024, with a year-to-date return of over 56%, made the GSE the best-performing bourse in Africa. Alex Boahen, Head of Research at Databank, expects improved confidence in the economy, supporting the anticipated 45% gain by the end of 2025.

The GSE's market capitalization for 2024 reached GHS 111.3 billion, a 50.7% increase. On the last trading day of 2024, share volume surged by 258.68%, but the total value traded decreased by 91.19%.

MTNGH led the top-traded equities, followed by CAL, ACCESS, GLD, and GCB.