Ghana Stock Market Sees Massive Gains as GSE-FSI Hits 9,538.68

Ghana Stock Market Sees Massive Gains as GSE-FSI Hits 9,538.68

The Ghana Stock Market experienced a phenomenal session on March 10, 2026, with the GSE Financial Stocks Index (GSE-FSI) skyrocketing 252.74 points to settle at 9,538.68. Market capitalization surged to a record GH¢277.97 billion, fueled by investors’ insatiable appetite for equities.

Standard Chartered Bank Ghana PLC (SCB) led the charge, jumping GH¢6.28 to close at GH¢69.14, solidifying its position as one of the year’s top performers.

Ghana Oil Company Limited (GOIL) and Scancom PLC (MTNGH) also shone, with GOIL rising GH¢0.21 to GH¢6.60 and MTNGH adding GH¢0.39 to GH¢6.33.

The session saw 2,503,371 shares traded, with aggregate value hitting GH¢24,014,498.26.

Oil prices also made headlines, racing above $100 a barrel amid Iran conflict escalations.

Market Summary
The GSE-CI has gained 73.15% since the start of the year, while the financial stocks index has delivered a staggering 105.26% return. Market watchers are now eyeing the 16,000-point level as the next psychological barrier.

Gainers
– Standard Chartered Bank Ghana PLC (SCB): GH¢ +6.28 (closed at GH¢69.14)
– SIC Insurance Company PLC (SIC): GH¢ +0.54 (closed at GH¢5.98)
– Scancom PLC (MTNGH): GH¢ +0.39 (closed at GH¢6.33)
– Republic Bank (Ghana) PLC (RBGH): GH¢ +0.29 (closed at GH¢3.26)
– Ghana Oil Company Limited (GOIL): GH¢ +0.21 (closed at GH¢6.60)

Laggard
– Societe Generale Ghana PLC (SOGEGH): GH¢ -0.02 (closed at GH¢11.37)
Unchanged Stocks

Access Bank Ghana PLC (ACCESS), Agricultural Development Bank (ADB), AngloGold Ashanti PLC (AGA), and others.

Source: Graphic online