GSE: Fintech firm, Clydestone, surges 100% in March

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An ICT firm based in Ghana, Nigeria, and Kenya has emerged as the best performing equity on the Ghana Stock Exchange in March 2025. Shares of Clydestone Ghana Limited, which has been listed since 2004, gained 100% to trade at 6 pesewas per share. The firm is engaged in “financial document processing, remittance processing and transaction switching” according to its website. Oil marketing company, Total Petroleum came in as the second best performer in the month with a return of 60.7%.

Overall stocks on the GSE were up 27% as at the last trading day of March 2025. Financial stocks were also up 28.5% over the same period. See how all stocks performed below.

EquityShare Price (GH¢)March ReturnsFull Year Returns
Clydestone (Ghana) Limited0.06100.0%100.0%
Total Petroleum Ghana Ltd24.0860.7%83.5%
Access Bank Ghana9.0733.0%74.4%
SIC Insurance Company Limited0.4932.4%81.5%
CAL Bank Limited0.7527.1%114.3%
Enterprise Group Limited2.5524.4%28.8%
Ecobank Transnational Incorporation0.8518.1%174.2%
Republic Bank0.6610.0%0.0%
MTN Ghana Ltd3.199.6%27.6%
GCB Bank Limited7.058.3%10.7%
NewGold Issuer Limited458.017.6%17.3%
Societe Generale Ghana Limited1.66.7%6.7%
Ecobank Ghana Ltd6.615.8%1.7%
Standard Chartered Bank Ghana Ltd.264.0%13.0%
Benso Oil Palm Plantation Ltd27.052.8%7.1%
Ghana Oil Company Limited1.621.3%6.6%
Unilever Ghana Limited19.540.2%0.2%
AngloGold Ashanti Limited0.410.0%0.0%
Agricultural Development Bank5.060.0%0.0%
AngloGold Ashanti Limited370.0%0.0%
Atlantic Lithium Ltd6.120.0%0.0%
Aluworks LTD0.10.0%0.0%
Asante Gold Corp8.890.0%0.0%
CAL Bank Preference Shares0.290.0%0.0%
Camelot Ghana Ltd0.140.0%0.0%
Cocoa Processing Company0.020.0%0.0%
DASPHARMA0.380.0%0.0%
Digicut0.090.0%0.0%
Fan Milk Limited3.70.0%0.0%
Guinness Ghana Breweries Ltd.5.620.0%2.2%
HORDS LTD0.10.0%0.0%
Intravenous Infusions (IIL)0.050.0%0.0%
Mega African Capital Limited5.380.0%0.0%
Meridian-Marshalls Holdings0.10.0%0.0%
Produce Buying Company Ltd.0.020.0%0.0%
Samba Foods Ltd0.550.0%0.0%
Standard Chartered Bank Ghana Ltd – Preference Shares0.90.0%0.0%
Trust Bank Limited (THE GAMBIA)0.830.0%0.0%
Tullow Oil Plc11.920.0%0.0%

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