Ghana Stock Exchange gains 11.9% in July
The Ghana Stock Exchange (GSE) continued its bullish run in July 2025, with the Composite Index posting a strong monthly gain of 11.90 percent.
The index closed the month at 6,992.29 points, bringing its year-to-date (YTD) growth to an impressive 43.03 percent.
Similarly, the GSE Financial Stock Index registered a 1.51 percent increase in July, ending the month at 3,427.06 points.
This translated into a YTD gain of 43.95 percent, reflecting renewed investor confidence in the equities market, particularly in the banking sector.
The top-performing equities during the month underscored the strength of diverse sectors. Republic Bank (Ghana) PLC led the gainers’ chart with a remarkable 59.09 percent increase in its share price. Clydestone (Ghana) PLC followed with 25 percent, while Scancom PLC (MTN Ghana) posted gains of 21.16 percent.
Other strong performers included Access Bank Ghana PLC (20.44 percent), TotalEnergies Marketing Ghana PLC (16.11 percent), Trust Bank Gambia Ltd (9.89 percent), Ghana Oil Company PLC (7.00 percent), Fan Milk PLC (5.37 percent) and NewGold (5.04 percent).
On the flip side, several equities recorded losses in July. Intravenous Infusions PLC declined by 20 percent, while SIC Insurance Company PLC shed 7.89 percent. GCB Bank PLC fell 4.80 percent, Ecobank Transnational Inc dropped 3.53 percent, Société Générale Ghana PLC lost 2.91 percent, Cal Bank PLC dipped 1.82 percent, and Unilever Ghana PLC eased marginally by 0.05 percent.
Meanwhile, trading activity on the Ghana Fixed Income Market (GFIM) surged significantly during the month.
Total trade volume reached GHS21.42 billion, representing an 81.56 percent increase over the GHS11.80 billion recorded in June. This strong performance highlighted continued investor appetite for fixed-income securities despite the buoyant equity market.
Treasury bills accounted for 35.39 percent of trading volumes, demonstrating strong demand for short-term government paper. Government notes and bonds remained dominant, contributing 54.41 percent of total trades. Bank of Ghana bills represented 4.88 percent, while corporate bonds accounted for 5.32 percent of market activity.
