The Ghana Stock Exchange gained a little above GH¢2.79 billion in the first quarter of this year to increase its market capitalization to GH¢57.16 billion.
This is as a result of the significant performance of some equities on the market which has made the exchange the best performing in Africa this year.
At the end of March 2021, 57.7 million shares, valued at GH¢48.5 million exchanged hands, surpassing that of February.
The volume and value were also larger than the previous month.
MTN Ghana dominated trading activities with 91.8% and 91.3% of volume and value traded respectively. It gained 3.7%.
Other stocks that did well in the first three months of this year were Soceite Generale (2.7%), Total (1.6%) and Enterprise Ghana Limited (1.4%).
For the Ghana Fixed Income market, it recorded an all-time high of GH¢11.53 billion, above the volume traded in the previous month.
Liquidity also remained high with government bonds accounting for 94% of the volume traded.
Jan-March 2021 | Jan-March 2020 | |
Volume | 200.9m | 99.5m |
Value | GH¢153.4m | GH¢76.8m |
GSE-CI | 13.99% | -4.32% |
Market capitalization | GH¢57.1bn | GH¢55.9 |
Latest Stories
-
Luv FM collects over 100 pints of blood for KATH Blood Bank
4 hours -
We’ve become too corrupt as a country that nobody accepts that you can do something genuinely – Joe Osei Owusu
5 hours -
New Land Law: Government has 6 months to decide how to use vested lands
6 hours -
Real Madrid go top of La Liga with narrow win over Barcelona in El Clasico
6 hours -
Hearts of Oak suffer first defeat under coach Samuel Boadu
6 hours -
Ghana to fully benefit from land reforms in 20 years – Kwame Gyan
6 hours -
Basis for media censorship must be clarified – Jesse Agyepong
7 hours -
Soldiers, police deployed to Chereponi following chieftaincy dispute
9 hours -
Liverpool score late winner to beat Aston Villa
9 hours -
Ayew scores to equal record as Swansea win
9 hours -
Ten-man Leeds beat Premier League leaders Man City
9 hours -
Bayern’s Bundesliga lead cut to five points after draw
9 hours -
What it means to be an ‘emotionally strong woman’ in relationships
11 hours -
Greek journalist shot dead on the street in Athens
11 hours -
Women no longer required to come along with a man to acquire land – Kwame Gyan
11 hours