Ghana Stock Exchange Records 88% Drop in Trading Value in August
Market activity on the Ghana Stock Exchange (GSE) slowed significantly in August 2025, with 45.90 million shares valued at GHS 203.63 million changing hands. This represents an 87.19% decline in volume and an 88.23% drop in value compared to July. On a year-on-year basis, however, trading activity reflected stronger momentum, with volume up by 105.54% and value higher by 15.76%.
Cumulatively, year-to-date trading volume stood at 555.02 million shares, valued at GHS 2.87 billion. This translates into a 14.98% contraction in volume but a marked 123.00% increase in value compared to the same period last year, highlighting a shift toward higher-value transactions despite lower activity levels.
The equities market delivered mixed performance in August. The benchmark GSE Composite Index (GSE-CI) advanced by 4.84% to close at 7,330.37 points, extending its year-to-date return to 49.95%. Conversely, the GSE Financial Stock Index (GSE-FSI) edged down 0.44% to 3,411.96 points, though it still posted a strong year-to-date gain of 43.31%.
Market performance was driven by notable price movements. Cocoa Processing Company PLC emerged as the top gainer with a 50.00% increase, followed by Intravenous Infusions PLC (25.00%) and Trust Bank Gambia PLC (10.00%). Other significant 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 downside, Ecobank Transnational Inc. shed 6.10%, while Cal Bank PLC, Unilever Ghana PLC, and Access Bank Ghana PLC slipped by 5.56%, 0.44%, and 0.12%, respectively.
