July 2025 proved to be an exciting month for the Ghana Stock Exchange (GSE), with trading activity hitting record levels. Investors exchanged 358.2 million shares worth GHS 1.73 billion, a jaw-dropping 1,013% jump in volume and a 1,249% increase in value from June.
The GSE Composite Index rose 11.9% to 6,992.29 points, marking a strong year-to-date gain of 43%. The Financial Stock Index also inched up 1.51% to 3,427.06 points, pushing its year-to-date growth to nearly 44%.
Several companies led the charge in July. Republic Bank (Ghana) PLC topped the charts with a 59% surge, followed by Clydestone (25%), Scancom PLC (21%), and Access Bank Ghana PLC (20%). TotalEnergies Marketing Ghana, Trust Bank Gambia, Ghana Oil Company, Fan Milk, and NewGold also posted solid gains.
On the flip side, Intravenous Infusions PLC dropped 20%, while SIC Insurance, GCB Bank, Ecobank, Société Generale Ghana, Cal Bank, and Unilever Ghana saw smaller declines.
The Ghana Fixed Income Market (GFIM) also had a standout month. July closed with a total trading volume of 21.42 billion, up a striking 81.6% from June and 54.5% higher than the same month last year, reflecting strong investor confidence.
Year-to-date, total trading in the fixed income market reached 129.66 billion, a solid 52% increase from last year’s 85.32 billion, highlighting sustained market momentum.
Treasury Bills accounted for 35% of the activity, while Government Notes and Bonds made up more than half at 54%, showing strong demand across both short- and medium-term government securities.
The surge was driven by attractive yields and increased liquidity, making fixed income an appealing option for both institutional and retail investors.
