business

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

28 October 2026

The Food and Beverages sector recorded the highest growth of 431.9% on the Ghana Stock Exchange (GSE) in the first eight months of 2026. Led by indigenous firm Kasapreko, the Food and Beverages sector has been outstanding this year, culminating in the impressive performance of the exchange in Africa.

The Food and Beverages sector recorded the highest growth of 431.9% on the Ghana Stock Exchange (GSE) in the first eight months of 2026.

Finance (131.7%) and Agriculture (123.2%) followed, ranking 2nd and 3rd, respectively.

Manufacturing (120.3%) and Information and Communication Technologies (80.5%) placed 4th and 5th, respectively.

Led by indigenous firm Kasapreko, the Food and Beverages sector has been outstanding this year, culminating in the impressive performance of the exchange in Africa.

The strong performance of financial stocks reflected improved profitability, stronger balance sheet positions, and sustained investor confidence in the banking and financial services sector

According to the Bank of Ghana, activity on the GSE remained buoyant in August 2026, supported by strong investor confidence, improved corporate earnings, easing inflation and continued macroeconomic stability.

The strong performance reflected broad-based gains across most sectors of the exchange.

Market capitalization stood at GH¢285.58 billion at the end of August 2026, representing a significant increase from GH¢149.59 billion recorded in August 2025. This represented an increase of GH¢90.9 billion, equivalent to growth of 136.0% over the period. The expansion in market capitalisation was broad-based across sectors, driven primarily by substantial appreciation of listed share prices across both financial and non-financial sectors.

According to the Central Bank, the sharp rise in market capitalisation also reflected strong investor confidence and increased demand for equities, strong performance of financial-sector stocks, lower interest rates and portfolio reallocation, improved corporate performance, and broader macroeconomic improvements during the year.

Meanwhile, the GSE year-to-date reached 69.49% yesterday, 27th October 2026.

Total turnover decreased by 14.54% day-to-day to GH¢2.00 million after trading 798,643 shares across 27 counters.

MTN Ghana and Kasapreko traded the most and accounted for 59.13% of the market turnover.

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beverages
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