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
-
The unseen game: Organisational politics and how to navigate it with purpose and integrity
3 minutes -
They ignored orders to vacate the site—Assemblyman speaks on Atta ne Atta galamsey tragedy
7 minutes -
Health benefits of peanuts
11 minutes -
University of GoldCoast, ICAG sign MoU to strengthen finance education and financial literacy
24 minutes -
Minimie Atsomo launches ‘Laugh-It-Off Creator’ challenge to support digital creators
25 minutes -
Police probe death of Liberian man after mob attack in Lashibi
29 minutes -
Why training children in AI today could shape Ghana’s future
34 minutes -
President Mahama recalls having nightmares after his father’s detention following 1966 coup
36 minutes -
Interim Kotoko coach Prince Owusu blames players for Vision FC draw
37 minutes -
Ghanaian residents in Qatar asked to register for emergency preparedness
45 minutes -
Ps. Jerry Eze, others to headline 2026 iYES Conference
58 minutes -
10th Anniversary: Manye Nueki aka Gifty Rafiatu Carboo
1 hour -
Thousands more flights cancelled as Iran strikes continue
1 hour -
Ambassador Smith rallies US-based clergy to ignite patriotism and investment in Ghana
1 hour -
Kojo RYCHY’s ‘report’ highlights faith, struggle and unexpected support
1 hour
