Trading activity on the Ghana Stock Exchange (GSE) slumped sharply on Tuesday, May 6, 2025, with total share volume falling by nearly 75 percent compared to the previous day.
The session closed with just 321,415 shares traded, a steep drop from Monday’s volume of over 1.26 million. The value of shares exchanged also declined significantly, totaling GH¢2.03 million compared to GH¢14.78 million the day before.
Despite the drastic slowdown in market activity, the overall performance of the market remained positive.
The GSE Composite Index advanced by 22.46 points to close at 6,311.45, reflecting a 0.36 percent increase. The GSE Financial Stocks Index also inched up by 1.57 points to settle at 3,130.76. The indices have maintained strong upward momentum this year, with the Composite Index posting a year-to-date gain of 29.11 percent and the Financial Index up by 31.50 percent.
Market capitalization saw a modest rise, increasing from GH¢138.69 billion on Monday to GH¢138.97 billion at the close of Tuesday’s session.
Three equities recorded price gains on the day. Access Bank Ghana PLC rose by 8 pesewas to close at GH¢9.20, Scancom PLC (MTN Ghana) added 2 pesewas to reach GH¢3.21, and NewGold ETF gained GH¢3.00 to close at GH¢441.50. These price movements occurred against a backdrop of reduced participation, suggesting investor selectivity rather than widespread market enthusiasm.
Scancom PLC led trading volumes with 236,536 shares valued at GH¢758,175.77. Other counters that recorded volumes exceeding 1,000 shares included Cal Bank PLC with 45,090 shares, Ecobank Transnational Inc. with 33,197 shares, Ghana Oil Company PLC with 1,828 shares, Access Bank Ghana PLC with 1,189 shares, and NewGold ETF with 2,702 shares traded. Atlantic Lithium Ltd also saw some modest activity, trading 570 shares.
