Audio By Carbonatix
The Ghana Stock Exchange Fixed Income Market its second highest monthly performance ever, as both teh stock and bond market continued their bullish run this year.
The Accra Bourse has been so attractive contrary to previous years, as investors continue to show interest in the market.
According to figures from the exchange, the Accra Bourse continued its impressive run in February, gaining 8.57% to bring the year-to-date return on the stock market to 13.36%.
Market capitalization of the firms listed on the stock market also shot up by about 3.29% to GH¢57.1 billion.
MTN Ghana was the best performing stock as it share price grew by 28 percent, trading above its public offer price of 75 pesewas per share.
44.50 million shares exchanged hands in the month of February, valued at a little above GH¢35 million. Despite the decrease in month-on-month performance, the cumulative value traded was equivalent to a little above GH¢104 million.
On the other hand, the bond market registered trading volume of GH¢15.15 billion as liquidity remained high.
The Government of Ghana bond accounted for GH¢12.1 billion, about 80% of the total debt traded.
| Jan-Feb 2021 | Jan-Feb 2020 | % Change | ||
| Volume | 143,233, 692 | |||
| Value (GH¢) | 104.9m | 20.0.m | 423.95 | |
| GSE-Composite Index | 2,200.92 | 2,211.89 | -0.00 | |
| Market Capitalisation (GH¢) | 57.1bn | 56.5bn | 1.1 | |
Latest Stories
-
Ghanaian delegation set for January 20, 2026 trip to Latvia in Nana Agyei case – Ablakwa
40 minutes -
Accra turns white as Dîner en Blanc delivers night of elegance and culture
3 hours -
War-torn Myanmar voting in widely criticised ‘sham’ election
4 hours -
Justice by guesswork is dangerous – Constitution Review Chair calls for data-driven court reforms
5 hours -
Justice delayed is justice denied, the system is failing litigants – Constitution Review Chair
5 hours -
Reform without data is a gamble – Constitution Review Chair warns against rushing Supreme Court changes
5 hours -
Rich and voiceless: How Putin has kept Russia’s billionaires on side in the war against Ukraine
6 hours -
Cruise ship hits reef on first trip since leaving passenger on island
6 hours -
UK restricts DR Congo visas over migrant return policy
6 hours -
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
6 hours -
Two dead in 50-vehicle pile up on Japan highway
7 hours -
Fearing deportation, Hondurans in the US send more cash home than ever before
7 hours -
New York blanketed in snow, sparking travel chaos
7 hours -
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
10 hours -
We would have lost that game last season – Guardiola
11 hours
