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Reading: African Markets End Week on a Strong Note as GSE, NSE and NGX Record Major Surge in Activity
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African Markets End Week on a Strong Note as GSE, NSE and NGX Record Major Surge in Activity

Kenneth Afor
Last updated: 2025/11/28 at 9:07 PM
Kenneth Afor
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NGX Market Closes Week with Mixed Results as UBA Boosts Market Capitalisation
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African stock markets closed the week with broad gains in trading activity, as investors across Ghana, Kenya, and Nigeria injected fresh momentum into their respective exchanges on Friday, November 28, 2025.

The three major markets posted significant improvements in volume and turnover, signalling renewed investor appetite heading into December.

Data shows that the Ghana Stock Exchange (GSE) recorded one of its strongest trading sessions in weeks, with 2,190,754 shares traded at a market value of GHS 14.72 million.

Activity soared well above Thursday’s levels, with Friday’s data showing a 165% jump in volume and an exceptional 792% surge in turnover.

The rally helped sustain the GSE’s overall strength, with market capitalisation standing at GHS 166.3 billion.

The Nairobi Securities Exchange (NSE) also experienced a busy trading day, closing with 26,481,683 shares exchanged in 4,373 deals, valued at KES 612.14 million.

Compared with Thursday’s session, the exchange posted a 132% rise in volume and a 164% increase in turnover, although the number of deals slipped by 5%.

Despite the mixed performance, the NSE maintained a stable market outlook with a capitalisation of KES 2.85 trillion.

The Nigerian Stock Exchange (NGX) ended the week on a strong footing, as investors traded 560,008,738 shares worth ₦13.59 billion across 20,620 deals.

Trading activity showed significant improvement from Thursday’s session, with a 73% rise in volume, 13% growth in turnover, and a further 13% increase in the number of deals.

The NGX retained its position as the region’s largest market, with a capitalisation of ₦92.2 trillion.

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Posted by Kenneth Afor
A graduate of Mass Communication from Yaba College of Technology with over four years in journalism (print and electronic) in several beats including business, politics, sports and entertainment.
Previous Article Ellah Lakes Posts ₦1.92bn Operating Loss as Rising Costs Outpace Revenue Growth Ellah Lakes Posts ₦1.92bn Operating Loss as Rising Costs Outpace Revenue Growth
Next Article Nigeria’s Stock Market Rebounds as MTN, Dangote Cement Lead Broad Gains NGX Closes Week Strong as Market Activity Surges 73%; IKEJAHOTEL, NGXGROUP Lead Gainers’ Chart

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