Audio By Carbonatix
The Ghana Stock Exchange could not sustain its performance in the month of July 2021 in respect of total value and volume traded.
But the stock market returned about 39% in dollar term, sustaining its position as the best performing stock market in Africa so far this year.
The stock exchange outwitted most analysts’ projection for this year, with impressive gain for investors despite its dip in the month of July 2021.
It recorded a 40.15% and 33.11% fall respectively in volume and value traded, when compared to the same period last year.
However, the market gained an extra 2.79% return in July 2021 to increase its year-to-date return to about 39%.
The top 5 most traded stocks during the month under review were MTN Ghana (81.24%), CAL Bank (9.23%) Guinness Ghana Breweries (1.83%), GCB Bank (1.75%) and Ecobank Transnational Incorporated (1.36%).
Importantly, MTN Ghana is the best performing stock on the market so far this year.
Also, the Ghana Fixed Income Market or the Bond Market closed the month of July 2021 with an impressive 19.46 billion volume trading, a 7.15% increase over the month of June.
This exceptional performance by the Fixed Income Market, brings the first seven months cumulative volume traded to 127 billion, a 113.4% increase over the same period last year.
| July 2021 June 2020 | ||
| Volume |    22.4m                                                   37.4m                           | |
| Value |    ¢33.6m                                                  ¢50.3m | |
| GSE CI YTD | 2.79% | |
| Market Capitalization |    ¢62.24bn                                               ¢61.3bn | |
Latest Stories
-
OSP’s failure to stop Ofori-Atta is an irrecoverable mistake – Kpebu
1 minute -
UPSA confers posthumous honorary doctorate on former first lady Nana Konadu Agyeman-Rawlings
3 minutes -
Martin Kpebu says he has not been formally charged by OSP
10 minutes -
Why not clean energy: Cost or access?
12 minutes -
Minority sounds alarm over fuel shortages crippling Ghana’s fishing communities
13 minutes -
Minority calls for urgent action to shield farmers from rising production challenges
15 minutes -
AGRA Ghana salutes Farmers as nation marks Farmers’ Day
31 minutes -
Bawumia’s favourability rises, widens lead in new Global Info analytics survey
33 minutes -
Minority accuses gov’t of neglect after GH¢5bn rice left to waste
38 minutes -
Why Tsatsu Tsikata’s legacy is Ghana’s future
43 minutes -
Farmers need support all year, not just awards’ — Prof. Boadi
52 minutes -
Spotify ranks ‘Konnected Minds’ Ghana’s No. 1 Podcast for 2025
54 minutes -
Minority caucus push for modern AI-driven agricultural and fisheries revolution
56 minutes -
Mahama reaffirms Ghana’s commitment to ending HIV/AIDS by 2030
56 minutes -
Martin Kpebu poised to defend claims against Special Prosecutor – Counsel
1 hour
