Audio By Carbonatix
Activity on the local secondary bond market was down by 42.33% from the previous week.
According to trading results, the aggregate volume traded was worth ¢1.19 billion.
The new bonds at the front of the Lower Currency (LCY) yield curve drove market activity, attracting 61.76% of the total volume traded.
At the close of the trading week, the average yield on the 2027-2030 papers advanced by 56 basis points to 18%.
Analysts expect trading to remain positive as recent economic data improves investor sentiment on a gradual recovery in the economy.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Andre Ayew joins Dutch side NAC Breda till end of season
6 minutes -
It’s fair to say that the gov’t has started well on economic management – Oppong Nkrumah
12 minutes -
Mahama inherited the worst economic situation in Ghana’s history, supervised by the NPP – Felix Kwakye Ofosu
21 minutes -
Erasmus+ exposure can help cut youth unemployment – Ashanti region NSS director
30 minutes -
When Fear Becomes Content: The Ebo Noah Prophecy and the Question of Accountability
35 minutes -
Salaga South MP launches support scheme for women, students and youth
41 minutes -
2 killed in police shooting during Abosso galamsey protest
44 minutes -
Port of Tema dismisses claims of strike and operational disruptions
1 hour -
Concerned Small-Scale Miners laud Sammy Gyamfi’s leadership at Goldbod
1 hour -
Prince Amoako Jnr reflects on impact after successful PAJ Foundation tournament
1 hour -
A day of love and hope for orphans: All set for Nhyira Aboodoo
2 hours -
Water’s whisper gone silent: Are Ghana’s cities ready for the thirsty future?
2 hours -
Police apprehend serial burglar hiding in bank ceiling after festive crime spree
2 hours -
Police arrest 23-year-old man for allegedly murdering father in Oti Region
2 hours -
ICGC-Jesus Temple fêtes patients at Eastern Regional Hospital
2 hours