Ghana Stock Exchange Poised for Further Gains in 2025
TLDR
- The Ghana Stock Exchange (GSE) is projected to deliver another strong performance in 2025
- This follows a 26.13% return in dollar terms in 2024, with the Accra Bourse ranking as the best-performing market in Africa in cedi terms
- Key sectors like banking, telecommunications, and fast-moving consumer goods (FMCG) are expected to drive growth
The Ghana Stock Exchange (GSE) is projected to deliver another strong performance in 2025, with Data Bank research forecasting a 45% gain in the GSE Composite Index, closing the year at 6,850 points. This follows a 26.13% return in dollar terms in 2024, with the Accra Bourse ranking as the best-performing market in Africa in cedi terms.
Key sectors like banking, telecommunications, and fast-moving consumer goods (FMCG) are expected to drive growth. MTN Ghana remains a top pick due to strong earnings and dividend yields averaging 12% since its 2018 listing. FMCG leaders such as Unilever Ghana, Fan Milk, and Guinness Ghana Breweries are poised for recovery, supported by favorable operating conditions and stronger earnings.
TotalEnergies Ghana is also set for an 18% earnings growth amid market challenges, driven by product innovation and demand tied to election-related activities. However, OPEC+ production cuts could pressure oil marketing firms in the short term.
You can follow Daba’s reporting on Africa on WhatsApp. Sign up here
Points clés à retenir
The Ghana Stock Exchange's outlook for 2025 reflects confidence in broad-based sector growth, underpinned by improved corporate earnings and market conditions. MTN Ghana’s consistent dividend yields and robust financial results make it a standout choice for both growth and income-focused investors. FMCG recovery, led by Guinness Ghana’s pricing strategies and Fan Milk’s improved earnings outlook, signals stronger consumer demand. TotalEnergies Ghana’s innovative strategies in response to oil market dynamics underline resilience in challenging conditions. Election-related activity is expected to further boost fuel demand, though global oil supply constraints may temper optimism.
Vous pensez que quelqu'un d'autre devrait voir ça ?
Investir dans cette opportunité et dans d'autres opportunités à travers l'Afrique
Téléchargez l'application daba finance sur votre mobile via
Passer à l'action.
Télécharger l'application
Entrez en partenariat avec nous
Débloquez des opportunités commerciales passionnantes et un potentiel de croissance.
Rejoindre Daba
Devenez membre de notre communauté dynamique et profitez d'avantages exclusifs.
Contactez-nous
Contactez-nous pour toute demande de renseignements, assistance ou collaboration.