Audio By Carbonatix
The Ghana Stock Exchange market capitalization reached an all-time high of GH¢80.20 billion in April 2024.
This upswing was propelled by notable gains in share prices across various companies, reflecting the optimistic market sentiment and growing investor confidence.
According to its April 2024 Summary of Market Activities, the GSE Composite Index gained an impressive 6.68% in April 2024, bring its year-to-date gain to 17.7%.
The Financial Stock Index also gained 2.14%.
The top gainers for April 2024 were GCB (23.03%), MTN Ghana (10.76%), Camelot (10%), Access Bank (7.87%), New Gold (5.72%), SIC (4.17%), Unilever (1.27%), BOPP (0.33%) and TotalEnergies (0.11%).
Meanwhile, the Ghana Fixed Income Market concluded the period with trade volumes of 11.34 billion, a 98.47% increase compared to 5.71 billion traded during the same period last year.
Long term government securities contributed 30.10% to the overall market activity, while short term government instruments constituted 69.51 percent.
Latest Stories
-
NAIMOS has failed in galamsey fight; it’s time for a state of emergency – DYMOG to President Mahama
2 hours -
Mahama to open African Court judicial year in Arusha, mark 20th anniversary
2 hours -
Ghana begins partial evacuation of Tehran Embassy as Middle East tensions escalate
3 hours -
EPA tightens surveillance on industries, moves to cut emissions with real-time monitoring system
3 hours -
Police conduct show of force exercise ahead of Ayawaso East by-election
5 hours -
Ghana launches revised Early Childhood Care and Development Policy to strengthen child development framework
5 hours -
AI to transform 49% of jobs in Africa within three years – PwC Survey
5 hours -
Physicist raises scientific and cost concerns over $35m EPA’s galamsey water cleaning technology
5 hours -
The road to approval: Inside Ghana’s AI strategy and KNUST’s leadership
6 hours -
Infrastructure deficit and power challenges affecting academics at AAMUSTED – SRC President
6 hours -
Former US diplomat sentenced to life for abusing two girls in Burkina Faso
6 hours -
At least 20 killed after military plane carrying banknotes crashes in Bolivia
6 hours -
UK reaffirms investment commitment at study UK Alumni Awards Ghana 2026
6 hours -
NCCE pays courtesy call on 66 Artillery Regiment, deepens stakeholder engagement
6 hours -
GHATOF leadership pays courtesy call on Chief of Staff, Julius Debrah
7 hours