The total volume exchanged on the secondary bond market for Government of Ghana papers lost steam last week.
Market turnover declined sharply by 68.0% week-on-week to GH¢564.40 million last week.
Notably, the decline in market activity was largely driven by an 83% week-on-week decrease in exchange activity across the belly of the LCY yield curve.
However, market activity returned to the shorter-dated securities, constituting half of the weekly aggregate market turnover.
Analysts expect exchange volumes to remain sluggish due to a shorter trading week following the Easter festivities.
However, they are optimistic that the positive Gross Domestic Product numbers for final quarter of 202 will likely trigger some market activity on the back of an improving economic outlook.
Latest Stories
-
Fashion at Joy Prime Made in Ghana Fair
2 hours -
Alan Kyerematen wanted me to be his running mate – Okyeame Kwame
2 hours -
AFCON 2025Q: Otto Addo calls up Jerry Afriyie, two others for Niger clash
4 hours -
Vacant Seats: Supreme Court failed to strengthen Ghana’s democracy – NDC’s Beatrice Annan
4 hours -
Coop Kee makes bold statement with ‘Ohemaa’
4 hours -
Judiciary not a rubber stamp for Jubilee House decisions – Atta Akyea asserts
4 hours -
Judiciary being manipulated by politicians – Franklin Cudjoe claims
4 hours -
NPP slams ‘unwarranted and disgraceful’ attacks on Kufuor
4 hours -
Election 2024: Dampare cautions public against electoral misconduct
4 hours -
Mahama: Voting for Bawumia is endorsing mismanagement
4 hours -
NPP Ho Central PC launches ‘DINATO’ loan scheme to support women traders
4 hours -
Vacant seats: Political poison in the judicial system at its peak – Justice Atuguba
5 hours -
Kadjebi NCCE engages political party youth activists on peace, tolerance
6 hours -
Krachi East: NCCE educates voters on proper voting procedures
6 hours -
NCCE organises debate for Kwesimintsim parliamentary candidates
6 hours