Audio By Carbonatix
The Ghana Stock Exchange recorded its highest monthly trading value so far this year, as value of shares traded hit GH¢72 million cedis in May 2021.
This represented a month-on-month increase of 134%.
The month of May 2021 also recorded its second highest monthly volume of trading of 58.9 million shares changing hands.
The volume and value traded represented an increase of 98% and 134% increase respectively over the previous month.
MTN Ghana’s share was the most active stock on the GSE.
The managers of the exchange described investor confidence as soaring.
This is due to the performance of companies such as GOIL, GCB Bank, Societe Generale, Enterprise Group and Standard Chartered Bank.
Also, the market for fixed income securities such as bonds and bills continued to increase as volumes traded for the year so far reached a little above GH¢92 billion cedis.
This is an increase of 128% during the same period last year.
| Jan-May 2021 Jan-May 2020 | ||
| Volume | 289.63m 201.5m | |
| Value | GH¢257.22m GH¢147.02m | |
| GSE-CI YTD | 24.70% -14.01% | |
| Market capitalization | GH¢59.33bn GH¢53.54 |
Latest Stories
-
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
13 minutes -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
27 minutes -
The brewing tension at KNUST; Beware the Ides of October….
49 minutes -
Health Ministry moves to integrate traditional medicine into mainstream healthcare
1 hour -
550 pupils in Kintampo South get educational lifeline as ‘Seeds of Hope’ reaches farming communities
2 hours -
Opoku Mensah urges Christian Council, House of Chiefs to speak up on democratic freedoms
2 hours -
Teacher unions’ strike: Minority demands immediate payment of teacher arrears, 20% deprived area allowance
2 hours -
The Accra-Kumasi Expressway: Building it right
2 hours -
Beyond gold exports: Building value and economic resilience from Ghana’s gold
2 hours -
2027 AFCONQ: Ghana under pressure as Gambia beat Somalia 2-1
2 hours -
Eastern NPP Women’s Organiser calls on AG, Police to secure bail for Salomey Baffoe
2 hours -
Poverty, illiteracy driving acceptance of vote-buying among women – Damongo Queen Mother
3 hours -
Photos: Democracy Is Not For Sale forum in Savannah region
3 hours -
GNFS launches 2026/27 National Anti-Bushfire campaign in Atebubu, records 62.8% reduction in bushfire cases
3 hours -
I’ll vote for a female president; women are less likely to steal from the state – Okyeame Kwame
4 hours