Trading on the Ghana Stock Exchange (GSE) ended on a stable note Tuesday, June 24, 2025, with the market recording slight gains in key indices and notable price movements among a handful of equities. Activity in the fixed income market also remained robust, driven by strong interest in both government and corporate instruments.
At the close of the session, the GSE Composite Index (GSE-CI) edged up by 5.26 points to 6,255.41, while the GSE Financial Stocks Index (GSE-FSI) saw a more pronounced rise of 22.35 points, finishing at 3,370.12. These improvements pushed the year-to-date performance of the two indices to +27.96% and +41.55% respectively, underlining investor confidence in financial and blue-chip stocks.
Market capitalization also moved marginally higher to GH₵137,379.37 million, up from GH₵137,350.53 million recorded the previous day. Trading volume totaled 1.47 million shares, with a market value of approximately GH₵5.41 million.
Equity Price Movers
Among stocks that experienced price changes, Ecobank Ghana PLC (EGH) and GCB Bank PLC (GCB) closed in positive territory. Ecobank gained GH₵0.35 to end the day at GH₵8.70, while GCB rose by GH₵0.32 to close at GH₵10.00. Together, the two financial stocks contributed to the strong showing in the GSE Financial Index.
On the other hand, Scancom PLC (MTNGH) dipped slightly by GH₵0.01, closing at GH₵2.94, despite leading the session in trade volume with over 1.37 million shares exchanged at a value of GH₵4.04 million. The NewGold ETF (GLD) also declined, shedding GH₵10.73 to end at GH₵351.32 on modest trading activity.
Fixed Income Market Sees High Turnover
Meanwhile, the Ghana Fixed Income Market (GFIM) recorded total trades of GH₵157.36 million across 170 transactions, as both institutional and retail investors continued to show strong interest in debt securities.
The session was dominated by activity in corporate bonds and treasury instruments. A single corporate bond trade alone accounted for GH₵60 million, while treasury bills attracted GH₵54.52 million in volume. New Government of Ghana (GoG) bonds also saw significant trading, totaling GH₵33.43 million.
Notable trades included:
- A 13.00% Corporate Bond, closing at GH₵74.6922
- A GoG Treasury Bill, yielding 8.00% and priced at GH₵95.6464
- A GoG Bond, trading at GH₵75.3399 with a yield of 21.08%
- A Sell/Buy-Back GoG Bond, which closed at GH₵49.6084, yielding 25.00%
The overall figures point to continued liquidity in the fixed income market, supported by strong demand for medium term instruments.
