The market capitalisation of the Ghana Stock Exchange (GSE) surged by 54.50 percent, rising from GH¢111.35 billion at the end of 2024 to GH¢172 billion by the close of December 2025, reflecting a strong rebound in investor confidence and market performance.
According to the GSE’s 2025 Market Summary Report, the equity market closed the year with the GSE Composite Index reaching 8,770.25 points, delivering a return of 79.40 percent — the highest annual return recorded since 2004.
The GSE Financial Stock Index also posted a stellar performance, ending the year at 4,647.17 points with a return of 95.19 percent, the highest since the index was introduced in 2011.
Trading activity improved significantly, with trade values increasing by 73.75 percent to GH¢3.74 billion compared to the previous year.
Top Gainers and Losers
The top ten gainers on the market for 2025 were:
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Clydestone (GH) PLC – 1,433.33%
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SIC Insurance Company PLC – 344.44%
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Ecobank Ghana PLC – 284.62%
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GCB Bank PLC – 215.70%
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Access Bank Ghana PLC – 211.54%
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TotalEnergies Marketing Ghana PLC – 207.16%
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Societe Generale Ghana PLC – 199.33%
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Cocoa Processing Company PLC – 150.00%
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Ecobank Transnational Incorporated – 148.39%
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Benso Oil Palm Plantation PLC – 120.98%
The only stock to close the year in negative territory was Mega African Capital PLC, which declined by 3.35 percent.
Fixed Income Market Hits Record
Meanwhile, activity on the Ghana Fixed Income Market (GFIM) also hit a new record, with year-to-date total traded volume reaching 245.8 billion, representing a 41.29 percent increase over the 174 billion recorded in the same period last year.
This performance surpassed the pre-Domestic Debt Exchange Programme volume of 230 billion recorded in 2022.
Treasury Bills accounted for 25.14 percent of the total volume traded, while Government Notes and Bonds made up 69.12 percent. Corporate Bonds contributed the remaining 5.73 percent.
The strong performance across both the equity and fixed income markets underscores renewed investor confidence and improving sentiment in Ghana’s financial markets.
Source: 3news
