Activity on the local secondary bond market was down by 42.33% from the previous week.
According to trading results, the aggregate volume traded was worth ¢1.19 billion.
The new bonds at the front of the Lower Currency (LCY) yield curve drove market activity, attracting 61.76% of the total volume traded.
At the close of the trading week, the average yield on the 2027-2030 papers advanced by 56 basis points to 18%.
Analysts expect trading to remain positive as recent economic data improves investor sentiment on a gradual recovery in the economy.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Alan Kyerematen’s ‘Brighter Future for Health Professionals’ in Ghana Revealed in Bono
2 mins -
NPP will ensure a safer cleaner and greener environment – Dr Kokofu
10 mins -
2024 Election: Police to deal with individuals who will cause trouble – IGP
11 mins -
Seychelles President’s visit rekindles historical and diplomatic ties with Ghana
17 mins -
Election 2024: EC destroys defective ballot papers for Ahafo and Volta regions
26 mins -
2024 Election: I am sad EC disqualified me, but I endorse CPP’s candidate – PNP’s Nabla
53 mins -
I want to build a modern, inclusive country anchored by systems and data – Bawumia to CSOs
54 mins -
Miss Health Ghana 2024: Kujori Esther Cachana crowned new Health Ambassador
1 hour -
Livestream: The manifesto debate on WASH and climate change
1 hour -
Alan Kyerematen saddened by NDC and NPP’s neglect of Krofrom Market in the Ashanti Region
1 hour -
CSIR Executive Director urges farmers to adopt technology for improved farming
1 hour -
Football Impact Africa’s Ghetto Love Initiative inspires change in Teshie
2 hours -
Peter Toobu calls for tighter border security over uncovered weapons at Tema Port
2 hours -
Gov’t has failed its commitment to IPPs – Ablakwa
2 hours -
Sell Chrome to end search monopoly, Google told
2 hours