Investor confidence on the Ghana Stock Exchange (GSE) continued to soar as the equities market recorded a strong performance at the month of April 2025.
The GSE Composite Index recorded a year-to-date return of 24.69%, while the Financial Stock Index advanced by 30.72%, reflecting continued robust market.
Additionally, the number of transactions recorded at the end of April 2025 saw a substantial increase of 587.19% compared to the same period last year.
Top gainers for the month of April 2025 were SIC Insurance Company PLC (42.86%), Clydestone Ghana PLC (33.33%), Societe Generale Ghana PLC (10.00%), Benso Palm Plantation PLC (9. 98%), Trust Bank Gambia Ltd (9.64%), Ghana Oil Company PLC (8.64%), GCB Bank PLC (4.96%), Enterprise Group PLC (4.31%), Ecobank Transnational Inc. (3.53%), Guinness Ghana Breweries PLC (3.20%), Fan Milk PLC (2.70%), TotalEnergies Marketing Ghana PLC (1.79%), Ecobank Ghana PLC (1.51%), Standard Chartered Bank Ghana PLC (0.77%) and Access Bank Ghana PLC (0.55%).
On the losing side were Cal Bank PLC (13.33%), Scancom PLC (-5.3%) and NewGold (-1.65%).
Ghana Fixed Income Market
The Ghana Fixed Income Market (GFIM) closed the month with a total traded volume of 18.12 billion, representing a 59.84% increase. This is compared to the 11.34 billion recorded during the same period in the previous year.
Treasury Bills dominated with 69.96% of the total volume traded, while government ponds The Bank of Ghana accounted for 25.07%.
The Bank of Ghana Bills contributed 4.81% and corporate bonds made up the remaining 0.16%.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
