Audio By Carbonatix
Investor sentiment on the Ghana Stock Exchange (GSE) remained high as five listed firms recorded impressive gains in the month of October, data from the GSE indicates.
The top firms that made significant gains were Benso Oil Palm Plantation (74.83%), Fanmilk (39.75%), Republic Bank (39.53%), Enterprise Ghana (9.13%) and Total (7.96%).
Importantly, the GSE close the month of October with a Year-to-Date gain of 47.52%.
However, the month closed with 23 million shares traded value at ¢34.2 million which represents a decrease of 23.4% and 19.4% respectively, compared to that of September 2021.
Cumulative value of ¢445.26 million and a volume of 423.91 million traded for the year represents a gain of 30.30% and a marginal dip of 3.53% respectively when compared to the previous year.
Ghana Fixed Income Market traded 17.56bn volume
The Ghana Fixed Income Market continued to record gains in performance, closing the month with a volume traded of 17.56 billion, a 71.04% increase over the previous month and same period last year.
The cumulative volume traded from January to October 2021 of 172.61 billion was 103.06%, more than 85.0 billion traded in the same period last year.
| Jan-October 2021 | Jan-October 2020 | |
| Volume | 423.9 million | 439.39 million |
| Value | ¢445.29 million | ¢341.70m |
| GSE Composite Index YTD | 47.52% | -18.60% |
| Market Capitalization | ¢64.27 billion | ¢53.11 billion |
Latest Stories
-
Pragya and tipper truck head-on collision claims teacher’s life at Asante Mampong
3 minutes -
10 illegal miners remanded into prison custody for mining under ECG high-tension poles
25 minutes -
House of Chiefs urges Ghanaian workers to commit to environmental protection
47 minutes -
OSP saga: A legal analysis demonstrating that A-G authorization was long granted
59 minutes -
Fifth unit at Akosombo goes live as grid recovery nears final stages
1 hour -
WAJESHA condemns SA xenophobic attacks, warns of growing public and mental health crisis
1 hour -
The human face of digital finance and its hidden cost
1 hour -
PRESEC-Legon 2020 NSMQ star Benjamin Nketsiah wins award for breast cancer detection project
1 hour -
Banksy confirms he’s behind statue in central London
1 hour -
Capital access takes centre stage at 3rd women in business dialogue in Kumasi
2 hours -
Dr Zanetor Agyeman-Rawlings elected 2nd Deputy President of Pan African Parliament in South Africa
2 hours -
Atwima Nwabiagya, GAYO sign MoU to cut reliance on Oti landfill
2 hours -
Aboakyer Festival reflects unity, heritage and enduring leadership – MTN
2 hours -
Former GWL MD begins constituency tour ahead of Savannah NPP chairmanship race
2 hours -
YEA leadership engages Central Region staff, reaffirms commitment to youth empowerment and staff welfare
2 hours