July 2025 turned out to be an exciting month on the Ghana Stock Exchange (GSE), with the banking and financial sector stealing the spotlight. Investors poured money into banks, sending share prices soaring.
Republic Bank (Ghana) PLC led the way with a staggering 59.09% jump, while Access Bank Ghana PLC climbed 20.44%, and Trust Bank Gambia Ltd added 9.89%. Even though a few banks saw minor declines, the sector as a whole captured investor attention and delivered the biggest wins for the month.
Other sectors also had their moments. Telecom stocks shone as Scancom PLC surged 21.16%, while energy and oil marketing stocks, TotalEnergies Marketing Ghana PLC (16.11%) and Ghana Oil Company PLC (7.00%), also recorded strong gains. Construction got a boost from Clydestone (Ghana) PLC, up 25%, mining saw NewGold rise 5.04%, and consumer goods recorded modest gains, with Fan Milk PLC climbing 5.37%.
On the downside, healthcare struggled, led by Intravenous Infusions PLC, which dropped 20%. Insurance and some banks also saw losses, including SIC Insurance (-7.89%), GCB Bank (-4.80%), Ecobank (-3.53%), Société Generale Ghana (-2.91%), and Cal Bank (-1.82%). Even consumer goods had a weak performer in Unilever Ghana PLC, nearly flat at -0.05%.
The strong showing across banking, telecom, energy, construction, and mining helped push the GSE Composite Index up 11.90% to close at 6,992.29 points, while the GSE Financial Stock Index rose 1.51% to 3,427.06 points.
