Equity markets show growth in Canada and Ghana

In Canada, the S&P/TSX Composite Index has seen a recovery, advancing approximately 17% and gaining 15% year to date. Despite macroeconomic headwinds like geopolitical tensions and inflation, Hydro One is highlighted as a resilient utility stock. Serving 1.5 million customers in Ontario, the company derives 99% of its revenue from regulated assets. It has delivered a total shareholder return of approximately 93% over the last five years.

In Ghana, the Ghana Stock Exchange (GSE) is projected by Databank Research to close 2026 with a return of 81% ±500 basis points. This growth is attributed to strong corporate earnings, disinflation, and valuation upside. Key sectors expected to perform well include financial stocks, Fast Moving Consumer Goods (FMCG), and Oil Marketing Companies (OMCs). Specifically, MTN Ghana is expected to maintain earnings leadership through its data and fintech ecosystem.