The Ghana Stock Exchange (GSE) delivered a stellar performance in April 2025, underpinned by strong investor sentiment and robust trading activity. The GSE Composite Index posted an impressive year-to-date gain of 24.69 percent, while the Financial Stock Index surged by 30.72 percent, highlighting renewed confidence in the equities market, particularly among financial stocks.
Market activity was also significantly heightened, with the number of transactions recorded at the end of April rising by a remarkable 587.19 percent compared to the same period in 2024. This surge reflects growing investor participation and optimism about Ghana’s economic outlook.
Among the top-performing stocks during the month were SIC Insurance Company PLC, which appreciated by 42.86 percent, followed by Clydestone Ghana PLC with a 33.33 percent gain. Societe Generale Ghana PLC advanced by 10 percent, while Benso Palm Plantation PLC climbed 9.98 percent. Trust Bank Gambia Ltd rose by 9.64 percent, and Ghana Oil Company PLC increased by 8.64 percent. GCB Bank PLC, Enterprise Group PLC, Ecobank Transnational Inc., Guinness Ghana Breweries PLC, Fan Milk PLC, TotalEnergies Marketing Ghana PLC, Ecobank Ghana PLC, Standard Chartered Bank Ghana PLC, and Access Bank Ghana PLC also posted modest gains ranging between 0.55 and 4.96 percent.
However, a few stocks experienced a downturn. Cal Bank PLC declined by 13.33 percent, Scancom PLC by 5.3 percent, and NewGold by 1.65 percent.
The Fixed Income Market also demonstrated strong performance. It closed the month with a total traded volume of GH¢18.12 billion, representing a 59.84 percent increase over the GH¢11.34 billion recorded in the same period last year. Treasury bills remained dominant, accounting for 69.96 percent of total traded volume. Government bonds followed with 25.07 percent, Bank of Ghana bills with 4.81 percent, and corporate bonds contributing a marginal 0.16 percent.
