The Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, says the market’s performance so far this year reflects growing investor confidence and renewed interest from businesses seeking to raise capital through the Exchange.
She explained that trading volumes on the Ghana Fixed Income Market have more than doubled in 2025, buoyed by stronger participation and a growing appetite from corporates exploring alternative funding options.
“We also run the Ghana Fixed Income Market, and we are seeing a doubling of volumes traded on that market,” she said, adding that the trend points to improving investor confidence and corporate interest in the GSE’s offerings.
Speaking at a business forum in Accra, Ms. Amoah disclosed that the GSE’s Composite Index—which measures overall market performance—has surged impressively this year.
“So far this year, the GSE’s Composite Index, which measures the performance of the market, is up over 70% in Ghana cedi terms and about 90% in US dollar terms,” she revealed. “That makes us probably one of the best-performing markets in the entire world so far this year.”
She also highlighted the Exchange’s efforts to expand financing avenues for local firms through new products.
“Another signal we are seeing is that the pipeline of companies interested in sourcing financing using the GSE is growing and getting stronger,” she said.
“We launched a commercial paper market that helps companies raise short-term debt capital, and we had our first issuance on that market this year.”
Ms. Amoah cited Federated Commodities, a licensed cocoa-buying company, as one of the early beneficiaries—raising funds at 17% for 150 days, compared to 27% through traditional financing channels.
Meanwhile, the GSE closed the final week of October on a positive note, with the Composite Index advancing by 0.22% to 8,385.35 points, driven by sustained gains in financial stocks that lifted overall market capitalization to GH¢166.54 billion.
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