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
-
Police rule out visible assault in death of UCC student found on beach as investigations continue
18 minutes -
Education Minister mourns UCC student, orders full investigation into death
27 minutes -
Loud and Green : Plastic is not waste, it is an opportunity – PlasticPreneur challenges Ghana’s perception of plastic pollution
51 minutes -
Loud and Green : Young climate advocate calls for a shift from single-use plastics to tackle flooding
60 minutes -
Ocean Harmony Project founder warns plastic pollution is entering the human food chain through fish
1 hour -
Ghana’s floods are behavioural disasters, not natural ones – Environmental advocates
1 hour -
Nigeria clinches $10,000 grand prize as 4th ECOWAS Regional Cybersecurity Hackathon 2026 ends in Accra
3 hours -
AGI partners Danish industries to advance value chain sustainability
3 hours -
Missing UCC student found dead as police launch investigations
4 hours -
Aflao border plunged into darkness, exposing travellers to attacks – Union Secretary
4 hours -
ECOWAS unites on minerals, industrialisation to power AfCFTA
4 hours -
Oti House of Chiefs to unveil 7-member committee on Nkwanta South conflict
4 hours -
Be advocates of modern parenting – Adaklu DCE
4 hours -
Ketu North MCE advocates agricultural mechanisation to boost productivity
4 hours -
The Thomas Partey Case: Presumption of innocence, sovereignty and the World Cup
4 hours