GSE to close 2026 with 81% return for investors

Capacity expansion, operational efficiencies and market share gains are expected to support KASA [Kasapreko], FML [Fanmilk], UNIL [Unilever] and Guinness Ghana Breweries Limited, while stable crude palm oil prices, improved extraction rates and disciplined cost management should sustain BOPP's earnings growth”.“We remain constructive on OMCs [Oil Marketing Companies], supported by higher crude oil prices, improving marketing margins, and earnings potential, with TotalEnergies Ghana providing defensive income, GOIL benefiting from operational leverage, and ZEN Petroleum offering long-term growth prospects”, it added.

This projection is supported by strong corporate earnings, disinflation, potential valuation upside and selective re-rating opportunities.