Ghana's fixed-income market trades GHS48.13 billion in October as share trading falls 38.6%

    Published
    < 1 min read2 min listen
    Photo: StatsGH chart

    The Ghana Fixed Income Market (GFIM) recorded GHS48.13 billion in traded volume in October 2026, 65.25% more than in October 2025. The value of those trades was GHS43.10 billion, up 66.17%.

    From January to October, GFIM volume reached GHS385.93 billion, up 80.23% from GHS214.14 billion in the same period of 2025. Cumulative trade value rose 91.22% to GHS350.04 billion from GHS183.06 billion.

    Cocoa Capital PLC joined the market on 14 October. Its GHS16.3 billion debt programme was admitted, and the first commercial paper tranche of GHS3.39 billion was listed.

    Share trading on the Ghana Stock Exchange slowed. The market traded 68.62 million shares worth GHS345.23 million in October, down 33.36% in volume and 38.60% in value from September's 102.98 million shares worth GHS562.29 million.

    Against October 2025, equity activity was still higher, with volume up 55.52% and value up 58.94%.

    The GSE Composite Index closed October at 14,302.27, up 1.14% on the month and 63.08% since the start of the year. The Financial Stocks Index fell 2.20% to 7,388.15, leaving it 58.98% up for the year.

    Market capitalisation ended the month at GHS268.15 billion, down 0.81% from GHS270.34 billion in September but 61.02% higher than the GHS166.54 billion of October 2025.

    Cocoa Processing Company was the top gainer in October, up 35.71%, followed by Meridian Marshalls Holdings at 16.67% and Enterprise Group at 14.29%. Dannex Ayrton Starwin fell 19.13%, Digicut 17.02% and Ecobank Transnational 16.76%.

    Comments

    Numbers behind the story +

    Figures used

    • GFIM traded volume, Oct 2026: GHS 48.13 billion (up 65.25% year on year)
    • GFIM volume, Jan-Oct 2026: GHS 385.93 billion (up 80.23%)
    • GSE equity trade value, Oct: GHS 345.23 million (down 38.6% from September)

    About & Methodology · Glossary · Report or view corrections

    More from StatsGH