GSE equities index surges 73% as trading activity soars

The Ghana Stock Exchange (GSE) equities market has experienced a remarkable surge of 73% year-to-date, according to the Managing Director Abena Amoah. Trading activity has also doubled compared to the same period last year. This strong performance, which places the GSE among the strongest global equity markets, reflects growing investor participation and renewed activity on the local capital market.

For instance, the financial stocks index has also gained 73%, with both trading volumes and values having doubled compared to the previous year. Ms. Amoah also noted a significant increase in retail investor participation, with the average number of trades executed monthly rising from about 25,000 last year to 300,000 this year.

The market has clearly shifted, she remarked. This market activity comes amid renewed listings in the primary market, following a seven-year IPO drought. Recent listings include First Atlantic Bank PLC in December 2025, followed by Zen Petroleum and Casa Preco PLC. Another company is in the process of raising debt capital and could potentially be listed before the end of August 2026.

The improvements in standards at the GSE, aligned with global sustainability reporting requirements, are also contributing to this market resurgence. The exchange plans to continue working with regulators, listed companies, and other stakeholders to introduce more instruments and deepen access to capital for Ghana’s private sector and government.