Audio By Carbonatix
The Ghana Stock Exchange could not sustain its performance in the month of July 2021 in respect of total value and volume traded.
But the stock market returned about 39% in dollar term, sustaining its position as the best performing stock market in Africa so far this year.
The stock exchange outwitted most analysts’ projection for this year, with impressive gain for investors despite its dip in the month of July 2021.
It recorded a 40.15% and 33.11% fall respectively in volume and value traded, when compared to the same period last year.
However, the market gained an extra 2.79% return in July 2021 to increase its year-to-date return to about 39%.
The top 5 most traded stocks during the month under review were MTN Ghana (81.24%), CAL Bank (9.23%) Guinness Ghana Breweries (1.83%), GCB Bank (1.75%) and Ecobank Transnational Incorporated (1.36%).
Importantly, MTN Ghana is the best performing stock on the market so far this year.
Also, the Ghana Fixed Income Market or the Bond Market closed the month of July 2021 with an impressive 19.46 billion volume trading, a 7.15% increase over the month of June.
This exceptional performance by the Fixed Income Market, brings the first seven months cumulative volume traded to 127 billion, a 113.4% increase over the same period last year.
| July 2021 June 2020 | ||
| Volume |    22.4m                                                   37.4m                           | |
| Value |    ¢33.6m                                                  ¢50.3m | |
| GSE CI YTD | 2.79% | |
| Market Capitalization |    ¢62.24bn                                               ¢61.3bn | |
Latest Stories
-
Mahama arrives in Doha for 2025 Doha Forum engagements
5 minutes -
Milo U13 Champs: Ahafo’s Adrobaa set for thrilling final with Franko International of Western North
2 hours -
Ghana’s HIV crisis: Stigma drives new infections as AIDS Commission bets on AI and six-month injectables
4 hours -
First Ladies unite in Accra to champion elimination of mother-to-child HIV, Syphilis, and Hepatitis B transmission
4 hours -
US Supreme Court agrees to hear case challenging birthright citizenship
5 hours -
Notorious Ashaiman robber arrested in joint police operation
5 hours -
Judge sets key dates after video evidence hurdle in Nana Agradaa appeal case
6 hours -
Who are favourites to win the 2026 World Cup?
6 hours -
Galamsey crisis spiritual, not just economic; Pulpit and policy intervention needed – Prof. Frimpong-Manso
7 hours -
We will come after you – Muntaka warns online fearmongers
7 hours -
Forestry office attack: Suspected gang leader arrested, two stolen cars recovered
7 hours -
How Asamoah Gyan reacted after Ghana was paired with England, Croatia, and Panama for the 2026 World Cup
8 hours -
Ghana Armed Forces opens 2025/2026 intake for military academy
8 hours -
Prime Insight: OSP vs. Kpebu and petitions to remove EC boss to dominate discussions this Saturday
8 hours -
Multimedia’s David Andoh selected among international journalists covering  PLANETech 2025 in Israel
10 hours
