The Ghana Stock Exchange (GSE) has maintained its upward trajectory in March 2025, showing enhancements in both the composite index and the financial stock indices.
The GSE Composite Index closed the month March 2025 with a rate of 27.19 per cent and the financial stock indices at 28.50 per cent.
A statement issued by the GSE on the summary of March 20205 market activities copied to the Ghanaian Times, said market activities picked up significantly when compared to the previous year with number of transactions recording a 572.87 per cent increase.
It stated that total market capitalisation rose to GH¢136, 998.73 billion in March this year, compared to the GH¢77, 701.17 billion in the same period last year, representing an increase of 76.31 per cent.
It mentioned the top gainers for the month as Claydestone (Ghana) PLC saw price gain of (100.00 per cent), TotalEnergies Marketing Ghana PLC (60.75 per cent), Access Bank Ghana PlC (32.99 per cent), SIC Insurance Company PLC (32.43 per cent), Cal Bank PLC (27.12 per cent), Enterprise Group PLC (24.39 per cent and Ecobank Transnational Inc, which share price soared by 18.06 per cent.
The statement also said Republic Bank Ghana PLC share price in the period under review rose by 10.00 per cent, MTN Ghana (9.62 per cent), GCB Bank PLC (8.30 per cent), New Gold (7.62 per cent), Societe Generale Ghana PLC (6.67 per cent), Ecobank Ghana PLC (5.76 per cent), Standard Chartered Bank Ghana PLC (3.96 per cent), Benso Palm Plantation PLC (2.81 per cent), Ghana Oil Company PLC (1.25 per cent), and Unilever Ghana PLC (0.21 per cent).
The GSE stated that there were no price losers for the month.
Highlighting on the equities market, the statement revealed that the volume and value traded for the month were 21,951,968 and 201,913,037.26, respectively, representing a decrease of 89.48 per cent in volume and 3.59 per cent in value compared to the same period last year.
“The market recorded a year-to-date cumulative volume of 61,341,603, valued at 473, 156,751.29, reflecting a decrease of 75.87 per cent in volume and an increase of 29.28 per cent in valued compared with the same period last year,” the statement disclosed.
In furtherance, the GSE again indicated that the Ghana Fixed Income Market closed the month with the volume traded of 20.23 billion, resenting an increase of 60.45 per cent compared to the same period 2024.
“The month closed with a total volume of traded of 20.23 billion, reflecting a marginal decrease of 8.50 per cent compared to the previous month, while marking a 60.45 per cent increase, compared to the same period last year,” the statement said.
The GSE noted that the year-to-date volume traded of 59.24 billion was 45.57 per cent more than the 40.69 billion traded in the same period last year.
Moreover, it said treasury bills dominated the Ghana Fixe Income Market with 65.99 per cent of the total volume traded, while government bonds, accounted for 228.76 per cent.
The GSE underlined that corporate bonds contributed 0.10 per cent and Bank of Ghana Bills made up of the remaining 5.14 per cent