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April 24th , 2025

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3 BEST STOCKS TO INVEST IN ON THE GHANA STOCK EXCHANGE

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Finance

A month ago


Investing in the Ghana Stock Exchange (GSE) offers a unique opportunity to participate in the growth of some of the country's most influential companies. Based on recent performance and market trends, here are three top stocks to consider:


1. Unilever Ghana Plc (UNIL)

Overview: Unilever Ghana Plc is a subsidiary of the global Unilever brand, specializing in manufacturing and marketing consumer goods, including food, beverages, cleaning agents, and personal care products.


Recent Performance: In 2024, UNIL's stock price surged from GH₵8.11 to GH₵17.99, marking a remarkable 121.82% growth.

Why Consider UNIL?

  • Strong Brand Recognition: As part of a global conglomerate, Unilever Ghana benefits from established brand equity and consumer trust.

  • Diverse Product Portfolio: The company's wide range of products caters to various consumer needs, ensuring steady demand.

  • Market Leadership: Unilever's dominant position in the FMCG sector in Ghana positions it well for continued growth.



2. Ecobank Transnational Incorporated (ETI)

Overview: Ecobank is a leading pan-African banking conglomerate, providing wholesale, retail, investment, and transactional banking services across 33 African countries.

Recent Performance: ETI's stock price doubled from GH₵0.15 to GH₵0.31 in 2024, achieving a 106.67% increase.


Why Consider ETI?

  • Pan-African Presence: Ecobank's extensive footprint across Africa offers diversified revenue streams and growth opportunities.

  • Comprehensive Services: The bank's wide array of financial products caters to various customer segments, from individuals to large corporations.

  • Digital Innovation: Ecobank's focus on digital banking solutions enhances customer experience and operational efficiency.



3. GCB Bank Plc (GCB)

Overview: GCB Bank is one of Ghana's largest indigenous banks, offering a range of financial services, including retail and corporate banking, investment services, and treasury operations.

Recent Performance: GCB's stock price increased from GH₵3.40 to GH₵6.35 in 2024, reflecting an 86.76% growth.



Why Consider GCB?

  • Established Reputation: With decades of operation, GCB has built a strong reputation for reliability and trustworthiness.

  • Extensive Branch Network: The bank's widespread presence across Ghana ensures accessibility and a broad customer base.

  • Financial Stability: GCB's consistent financial performance underscores its stability in the banking sector.