Audio By Carbonatix
Investor sentiment on the Ghana Stock Exchange (GSE) remained high as five listed firms recorded impressive gains in the month of October, data from the GSE indicates.
The top firms that made significant gains were Benso Oil Palm Plantation (74.83%), Fanmilk (39.75%), Republic Bank (39.53%), Enterprise Ghana (9.13%) and Total (7.96%).
Importantly, the GSE close the month of October with a Year-to-Date gain of 47.52%.
However, the month closed with 23 million shares traded value at ¢34.2 million which represents a decrease of 23.4% and 19.4% respectively, compared to that of September 2021.
Cumulative value of ¢445.26 million and a volume of 423.91 million traded for the year represents a gain of 30.30% and a marginal dip of 3.53% respectively when compared to the previous year.
Ghana Fixed Income Market traded 17.56bn volume
The Ghana Fixed Income Market continued to record gains in performance, closing the month with a volume traded of 17.56 billion, a 71.04% increase over the previous month and same period last year.
The cumulative volume traded from January to October 2021 of 172.61 billion was 103.06%, more than 85.0 billion traded in the same period last year.
| Jan-October 2021 | Jan-October 2020 | |
| Volume | 423.9 million | 439.39 million |
| Value | ¢445.29 million | ¢341.70m |
| GSE Composite Index YTD | 47.52% | -18.60% |
| Market Capitalization | ¢64.27 billion | ¢53.11 billion |
Latest Stories
-
Seven hospitalised after gunshots disrupt jummah prayers in Ho
4 minutes -
70 mothers receive Christmas hampers from MTN after delivering at KATH
12 minutes -
Let’s prove our readiness power through deeds, not words – Afenyo-Markin to NPP faithful
25 minutes -
Stonebwoy brings the house down at BHIM Festival 2025
30 minutes -
Development flourishes where peace and cooperation prevail – Roads MinisterÂ
32 minutes -
Children enjoy a day of fun and laughter at Joy FM’s Party in the Park 2025
36 minutes -
Joy FM Party in the Park 2025: Shakers Royal Band ignites excitement
43 minutes -
MTN Ghana hands over hampers to 25 newly born ‘bronya’ babies at Cape Coast Hospital
1 hour -
Kwanpa Band thrills patrons as Joy FM Family Party in the Park
2 hours -
Lawyer arraigned over alleged GH¢800k excavator fraud
2 hours -
U.S. Commerce flags Ghana’s new mining policy, port delays affecting American firms
2 hours -
This Saturday on Newsfile: Constitution review report and AG’s ORAL drive
2 hours -
Joy FM Party in the Park kicks off as patrons flock in amid growing excitement
3 hours -
Ghana, 2 others to see strong absolute growth in electricity consumption – Fitch Solutions
3 hours -
Return to bond market on gradual basis – IMF to government
3 hours
