Market activity on the Ghana Stock Exchange (GSE) fell sharply in August 2025, with both volumes and values traded recording significant declines compared to the previous month.
According to official data from the local bourse, a total of 45.90 million shares worth GHS 203.63 million were traded during the month—representing an 87.19% drop in volume and an 88.23% decline in value relative to July.
Despite the steep month-on-month contraction, trading momentum remained stronger than in 2024. On a year-on-year basis, volumes were up 105.54%, while the value of shares traded rose 15.76%.
So far in 2025, the GSE has recorded 555.02 million shares valued at GHS 2.87 billion. This reflects a 14.98% decline in volume but a striking 123.00% increase in value compared to the same period last year, suggesting that investors are tilting toward higher-value transactions even as overall activity moderates.
Indices Show Mixed Performance
The equities market posted contrasting results in August. The GSE Composite Index (GSE-CI) advanced 4.84% to close at 7,330.37 points, extending its year-to-date gain to 49.95%. In contrast, the GSE Financial Stock Index (GSE-FSI) slipped 0.44% to 3,411.96 points, though it remains up 43.31% since the start of the year.
Market Movers
Price movements strongly influenced investor sentiment in August. Cocoa Processing Company PLC emerged as the top gainer with a 50.00% surge, followed by Intravenous Infusions PLC (+25.00%) and Trust Bank Gambia PLC (+10.00%). Other notable advancers included Clydestone Ghana PLC (+10.00%), Scancom PLC (+9.01%), NewGold (+8.16%), Ghana Oil Company PLC (+7.94%), GCB Bank PLC (+5.15%), Republic Bank (Ghana) PLC (+4.76%), and Ecobank Ghana PLC (+2.73%).
On the losing side, Ecobank Transnational Inc. shed 6.10%, while Cal Bank PLC (-5.56%), Unilever Ghana PLC (-0.44%), and Access Bank Ghana PLC (-0.12%) also ended the month lower.
