Story By: Akua Oteng Amponsah
The Ghana Stock Exchange (GSE) Summary of Financial and Economic Data has revealed that thirteen stocks recorded gains in May 2025, compared to 15 gainers in April 2025.
SIC Insurance Company emerged as the biggest gainer with a 44.29% increase, followed by Access Bank PLC (22.04%) and Ecobank Ghana (13.41%). Other top gainers included GCB Bank PLC (8.51%), Fan Milk PLC (7.89%), Enterprise Group PLC (7.14%), Unilever Ghana PLC (4.91%), Benso Palm Plantation PLC (4.61%), Guinness Ghana Breweries PLC (4.31%), Ghana Oil Company PLC (2.27%), Société Générale Ghana PLC (2.27%), TotalEnergies Marketing Ghana PLC (1.67%), and Ecobank Transnational Inc. (1.14%).
On the losing side were NewGold (-22.11%), CalBank PLC (-10.77%), and Scancom PLC (-1.32%).
The GSE Composite Index gained 0.90% in May 2025 to close the month at 6,150.31 points, bringing its year-to-date gain to 25.81%. The GSE Financial Stock Index also recorded a 3.37% increase, resulting in a year-to-date gain of 35.13%.
In the debt market, the Ghana Fixed Income Market (GFIM) closed the month with a total traded volume of 19.07 billion, representing an 83.56% increase compared to the same period last year.
Treasury bills accounted for 49.38% of volumes traded, while government bonds contributed 44.06%. Bank of Ghana bills accounted for 5.66%, and corporate bonds made up the remaining 0.89%.
The market experienced a slowdown in equity trading activity in May, with a total of 34,534,543 shares traded, amounting to GHS186,648,515.64 in value.
This represents an 86.50% decrease in volume and a 52.88% decline in value compared to the same period last year. Nonetheless, the number of reported transactions rose from 14,053 in April to 20,118 in May.
