Trading across major African stock exchanges ended on a mixed note on Thursday, November 13, 2025, as the Johannesburg Stock Exchange (JSE) posted notable gains, while the Nigerian Exchange (NGX) and the Ghana Stock Exchange (GSE) recorded declines.
On the Nigerian Exchange (NGX), a total of 599.7 million shares were traded in 23,669 deals, with a total market value of ₦22.69 billion. This represented a 26% drop in volume, a 55% decline in turnover, and a 3% fall in deals compared with Wednesday’s session.
The market capitalisation of the NGX currently stands at ₦94.4 trillion, reflecting mild bearish sentiment amid ongoing profit-taking.
In contrast, the Nairobi Securities Exchange (NSE) closed on a positive note, as market activity surged sharply. Investors traded 28.59 million shares worth KES 849.6 million across 5,141 deals. Compared to Wednesday, this marked an 89% increase in volume and a 40% rise in turnover, though deals slightly dipped by 4%. The NSE’s total market capitalisation is now KES 2.95 trillion, highlighting renewed investor confidence in select blue-chip counters.
The Johannesburg Stock Exchange (JSE) maintained its upward trajectory, emerging as the day’s best performer. The bourse recorded 352.79 million shares traded in 431,040 deals, valued at ZAR 31.53 billion. Trading volume increased by 3%, turnover by 13%, and deals jumped by a robust 27% compared to the previous day. The JSE’s market capitalisation stands strong at ZAR 23.4 trillion, underscoring steady investor participation and resilience in South Africa’s equities market.
Meanwhile, the Ghana Stock Exchange (GSE) ended the session on a weaker note. Only 259,113 shares were exchanged for GHS 1.12 million, indicating a 40% decline in volume and a 46% drop in turnover from Wednesday’s figures. The market capitalisation of the GSE currently sits at GHS 162.7 billion, as the market continues to grapple with subdued investor interest and low liquidity levels.
News.ng reports that, overall, while the JSE and NSE showed signs of recovery with improved trading momentum, the NGX and GSE reflected a slowdown — painting a mixed picture of investor sentiment across African capital markets as the week draws to a close.
