Ghana Stock Exchange Records Flat Trading Amid Banking Dominance

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Ghana Stock Exchange
Ghana Stock Exchange

Official records indicate Ghana’s equities market showed minimal movement during Trading Session 7012 on July 23, 2025.

The GSE Composite Index held steady at 6,436.54 points, mirroring the previous day’s close, while financial stocks also remained unchanged at 3,412.75 points. Total traded volume reached 569,162 shares valued at GH¢4.88 million, with banking stocks driving 97% of the session’s activity.

GCB Bank PLC led transactions, exchanging 498,244 shares worth GH¢4.72 million at a stable price of GH¢9.47. CAL Bank followed with GH¢23,906 in trades, while MTN Ghana and Ecobank Ghana recorded GH¢22,437 and GH¢16,313 in turnover respectively. Notably, none of the 35 listed equities registered price changes, reflecting broad market stagnation.

The Ghana Alternative Market (GAX) saw zero activity across all five listed entities, including Samba Foods and Meridian Marshalls. NewGold ETF emerged as the sole decliner, dropping 1.6% to GH¢361.74 amid commodity volatility. Year-to-date indices edged up marginally, with the composite and financial indices gaining 0.32% and 0.43% respectively since January.

Market capitalization stood at GH¢139.21 billion, down slightly from Tuesday’s GH¢139.23 billion. The Mahama administration continues prioritizing capital market reforms, though investor caution persists ahead of the 2028 electoral cycle.

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