GSE Trading Volume Surges 61.3% in February as Market Turnover Jumps 826.4%
The Ghana Stock Exchange (GSE), according to its Summary of February 2025 Market Activities report, recorded a sharp increase in trading activity in the month of February, with total equity volume traded reaching 23.28 million shares, while trade value surged to GHS 162.64 million.
This represents a 61.30% increase in volume and an 826.40% jump in value compared to the same period in 2024.
Cumulatively, the year-to-date trading volume stood at 39.39 million shares, reflecting a 13.40% decline compared to the previous year. However, total market turnover soared by 416.81% to GHS 271.24 million, highlighting increased investor participation in higher-value stocks.
The GSE Composite Index extended its positive run, posting a 15.78% year-to-date return, while the Financial Stock Index advanced 18.21% over the same period.
Market Performance and Top Gainers
Trading activity intensified in February, with the number of transactions rising by 343.16% year-on-year. Key gainers for the month included:
- Ecobank Transnational Incorporated (ETI): +80.00%
- CAL Bank (CAL): +43.90%
- SIC Insurance (SIC): +37.04%
- Access Bank Ghana (ACCESS): +19.23%
- TOTAL Petroleum Ghana (TOTAL): +12.04%
- Standard Chartered Bank Ghana (SCB): +8.74%
- MTN Ghana (MTNGH): +5.82%
Other gainers included BOPP (+4.16%), GCB (+1.56%), GLD (+0.86%), GOIL (+0.63%), and Guinness Ghana Breweries (GGBL) (+0.36%).
On the losing end, Ecobank Ghana (EGH) was the sole decliner, posting a 5.30% drop for the month.
Outlook
The surge in market activity and strong price gains suggest continued investor confidence, particularly in financial and energy stocks. The market’s trajectory remains positive, underpinned by robust corporate earnings and improving macroeconomic conditions.
