Access Bank (42.35%) and Asante Gold (12.76%) were among the biggest gainers on the Ghana Stock Exchange (GSE) in the month of August 2022.
Others were BOPP (5.67%), Societe Generale (2.83%), CalBank (2.70%) and Total (1.95%).
According to the GSE, the month of August 2022 witnessed a significant increase in market activity as volume, value, and the number of transactions all increased over the previous month.
The Composite Index and Financial Stock Index ended the month with a Year-To-Date returns of -10.05% and-3.34%, respectively. This reflected a marginal decline in the GSE equity market compared to the prior month.
Volume and value traded were 77,249,447 and ¢114,171,744.82 respectively. Both went up by 273.81% and 315.37% respectively in volumes and values traded same period last year.
The cumulative volume of 1,232,653,349 valued at ¢1.237 billion represents an increase of 232.98% and 235.56% over the same period last year.
Meanwhile, the Ghana Fixed Income Market (GFIM) ended the month with ¢15.71 billion in volume traded, a 13.09% rise from the ¢13.89 billion traded during the same period in the previous year.
GFIM also closed the month with a volume traded of 15.71 billion which was a13.09% increase from the 13.89 billion traded same period last year.
The total volume traded between January and August 2022 was 158.94 billion, which was12.87% larger than the 140.82 billion traded during the same time period in the previous year.
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