Guinness Ghana Breweries Limited (28.48%), MTN Ghana (21.10%), CalBank (20.00%), Asante Gold (18.16%) and Standard Chartered Bank (3.28%) were the top five gainers on the Ghana Stock Exchange (GSE) for the month of June 2023.
The GSE Composite Index achieved its second-highest monthly return to date, advancing by 296.74 points, marking a positive performance for the first half of the year with a year-to-date return of 14.90%.
The GSE Financial Stock Index gained 14.56 points, reducing the year-to-date losses to 17.57%.
The GSE market capitalization achieved a significant milestone, soaring to a remarkable all-time high of ¢70.24 billion. This came on the back of improved investor confidence and several listed companies announcing dividend payment dates.
In terms of trading activity, both volume and value traded decreased significantly by 87.06% and 86.55% respectively compared to the previous month.
The Ghana Fixed Income Market, GSE's fixed income market ended June 2023 with 5.41 billion in volume traded, which was an 8.20% increase from the previous month but down 78% from the same period in 2022.
Volume and value traded were 4,581,168 and 14,777,674.66 respectively, both down 90.50% and 67.35% compared to the same period last year. Cumulative volume of 226,887,532 valued at 331,027,388.20 represent a decrease of 79.21% and 68.82% compared to the same period last year.
January-June 2023 | January-June 2023 | %Change | |
GSE-CI Y-T-D | 14.90% | -8.74% | |
Value (GH¢) | 331,027,388.20 | 1,061,594,860.66 | -68.82 |
GSE-CI | 2,808.03 | 2,545.48 | 10.31 |
Market Capitalization (GH¢) | 70.23 billion | 64.84 | |
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