Market activity on the Ghana Stock Exchange (GSE) experienced a significant contraction in August 2025, with both trading volumes and values decreasing from the levels observed in July.
According to the most recent data from the local exchange, a total of 45.90 million shares, valued at GHS 203.63 million, were traded during the month, indicating an 87.19% decline in volume and an 88.23% reduction in value compared to July.
Despite this month-on-month decrease, trading momentum remains more robust than in the previous year. On an annual basis, trading volumes increased by 105.54%, while the value traded saw a rise of 15.76%.
Year-to-date, the market has recorded a total of 555.02 million shares valued at GHS 2.87 billion, which reflects a 14.98% decrease in volume but a remarkable 123.00% increase in value compared to the same period in 2024.
These figures indicate that investors are shifting towards higher-value transactions, even as overall market activity shows signs of moderation.
Indices Display Mixed Results
The equities market exhibited a varied performance in August. The GSE Composite Index (GSE-CI) rose by 4.84%, closing at 7,330.37 points, thereby extending its year-to-date gain to 49.95%.
Conversely, the GSE Financial Stock Index (GSE-FSI) fell by 0.44% to 3,411.96 points, although it remains up 43.31% since the beginning of the year.
Winners and Losers
Price fluctuations influenced market sentiment in August. 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 gainers 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 other hand, Ecobank Transnational Inc. experienced a decline of 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.
