A total of 38.61 million shares valued at GH¢192.47 million exchanged hands on the Ghana Stock Exchange (GSE) in November 2025.

While this represented a 12.49% dip in volume and an 11.39% decline in value month-on-month, overall market activity remained solid as investors continued to engage actively across key counters.

The year-on-year, market activity experienced substantial growth, with trading volume rising 312.76% and value increasing by 591.31%.

For year-to-date, the market recorded 683.74 million shares traded, valued at GH¢3.47 billion, marking a 28.23% decline in volume but an impressive 73.61% growth in value compared to last year.

The equities market continued its strong momentum in November 2025, underscoring growing investor confidence on the exchange.

The GSE Composite Index (GSE-CI) advanced by 2.68% to close at 8,610.15 points, reinforcing an impressive year-to-date gain of 76.13%. The GSE Financial Stock Index (GSE-FSI) also sustained its positive momentum, rising by 6.26% to close at 4,456.43 points and extending its impressive year-to-date return to 87.18%.

Top Price Gainers

The top price gainers for the month were Clydestone (Ghana) PLC (64.3%), Ecobank Ghana PLC (49.0%), Societe Generale Ghana PLC (32.0%), Cocoa Processing Company PLC (25.0%), Benso Palm Plantation PLC (17.2%), GCB Bank PLC (12.6%), Trust Bank Gambia PLC (9.1%) and Ghana Oil Company PLC (8.4%).

On the losing side for the month were CalBank PLC (-18.4%), Ecobank Transnational Inc. (-18.2%), Access Bank Ghana PLC (-0.7%), TotalEnergies Marketing Ghana PLC (-0.2%).

GFIM Records 19.6bn Traded Volume

In November, trading on the Ghana Fixed Income Market (GFIM) recorded a total volume of 19.61 billion, reflecting a 32.69% decline from the 29.13 billion recorded in October.

However, on a year-on-year basis, traded volume grew by 7.01%, highlighting sustained investor interest in the market.

Year-to-date, the total traded volume on the Fixed Income Market reached 214.56 billion, marking a strong 39.77% increase over the 153.52 billion recorded in the same period last year, underscoring robust investor activity and confidence

The GFIM Treasury Bills Accounted for 51.38% of the total volume traded, while Government Notes and Bonds contributed 48.24%, with Corporate Bonds making up the remaining 0.38%.