Food & Beverages sector records highest growth of 431% on GSE in first eight months of 2026

In the first eight months of 2026, the Food and Beverages sector on the Ghana Stock Exchange (GSE) experienced the highest growth at 431.9%, according to the wire material. It was followed by Finance at 131.7%, Agriculture at 123.2%, Manufacturing at 120.3%, and Information and Communication Technologies at 80.5%.

The growth of the Food and Beverages sector was led by Kasapreko, an indigenous firm. The strong performance of the sector contributed to the overall impressive performance of the GSE exchange in Africa.

The Bank of Ghana reported that activity on the GSE remained buoyant in August 2026, driven by strong investor confidence, improved corporate earnings, easing inflation, and continued macroeconomic stability. The broad-based gains were seen across most sectors of the exchange.

By the end of August 2026, the total market capitalization stood at GH¢285.58 billion, representing a growth of 136.0% from GH¢149.59 billion recorded in August 2025. This marked a significant increase of GH¢90.9 billion over the period.

The expansion in market capitalization was driven by appreciation of listed share prices across both financial and non-financial sectors. The Central Bank noted that the rise in market capitalisation reflected strong investor confidence, increased demand for equities, lower interest rates, portfolio reallocation, improved corporate performance, and broader macroeconomic improvements during the year.

At the end of October 2026, the GSE year-to-date reached 69.49%, with a total turnover of GH¢2.00 million. This represented a decrease of 14.54% day-to-day after trading 798,643 shares across 27 counters. MTN Ghana and Kasapreko were the top performers, accounting for 59.13% of the market turnover.