The Ghana Stock Exchange (GSE) continue its strong performance in May this year with improved returns on the Accra bourse.
On the equities market, the GSE Composite Index gained 0.90 per cent in May 2025 to close the month at 6,150.31 points, bringing the year-to-date gain to 25.81 per cent.
The GSE in a statement on the May 2025 market summary of trading activities copied to The Ghanaian Times in Accra yesterday, said the GSE Financial Stock Index also recorded a 3.37 per cent increase, resulting in a year-to-date gain of 35.13 per cent.
It said the top price gainers for the month were SIC Insurance Company PLC whose share price rose by 44.29 per cent, Access Bank Ghana PLC (22.04 per cent), Ecobank Ghana PLC (13.41 per cent), GCB Bank PLC (8.51 per cent), and Fan Milk PLC (7.89 per cent).
Enterprise Group PLC’s share price is 7.14 per cent, Unilever Ghana PLC (4.91 per cent, Benso Palm Plantation PLC 4.61 per cent), Guinness Ghana Breweries PLC 4.31 per cent, Ghana Oil Company PLC 2.27 per cent, Société Generale Ghana PLC 2.27 per cent, TotalEnergies Marketing Ghana PLC 1.67 per cent, Ecobank Transnational Inc. 1.14 per cent.
However, the GSE said the share price of NewGold fell by 22.11, CalBank PLC by 10.77 per cent, and Scancom PLC by 1.32 per cent.
The statement said the equities market experienced a slowdown in trading activity in May, with 34,534,543 shares traded, amounting to GH¢186 and 648,515.64 in value.
“This represents an 86.50 per cent decrease in volume and a 52.88 per cent decline in value compared to the same period last year,” it said.
Notwithstanding, the GSE said the number of reported transactions in the month increased from 14,053 (April 2025) to 20,118 (May 2025).
“Year-to-date performance shows a cumulative trading volume of 118,751,545 shares valued at GH¢ 804,703,629.35. This reflects a 78.21 per cent decline in volume and a 10.24 per cent decrease in value compared to the same period last year,” the statement said.
On the Ghana Fixed Income Market (GFIM), the GSE said the GFIM closed the month with a total traded volume of GHc19.07 billion, representing an 83.56 percent increase compared to the GHc10.39 billion recorded during the same period last year.
“The month concluded with a total traded volume of 19.07 billion, reflecting a 5.26 per cent increase compared to the preceding month. Year-to-date trading volume reached 96.43 billion, marking a 54.87 per cent increase over the 62.27 billion traded during the corresponding period last year,” the GSE said.
It added “Treasury Bills accounted for 49.38 per cent of volumes traded, whilst Government Bonds contributed 44.06 per cent. Bank of Ghana Bills contributed 5.66 per cent and Corporate Bond comprised the remaining 0.89 per cent.”
BY KINGSLEY ASARE
