The Ghana Stock Exchange has recorded a total of more than 262.2 million traded shares valued at ¢194 million in the first six months of 2020 amid the uncertainty of the coronavirus crisis.
The performance, from January to June 2020, represents 107.9 percent growth in volumes and 87.7 percent in value traded for the same period in 2019.
On a month-on-month basis, trading volumes recorded a dip of 16 percent at the end of June after an impressive run in May 2020.
A volume of 60.74 million shares were recorded at the end of June compared with 72.61 million shares in May.
This resulted in a total value of GH¢ 46.983 million recorded in June 2020 as against ¢47.825 million recorded at the end of May 2020, representing a slight fall of 1.76 percent.
Daily average value recorded in June was ¢2.174 million compared to GH¢ 2.517 million recorded in May 2020.
The GSE Composite index at the end of June 2020 continued the downward trend to record a decline of-15.83 percent (YTD) compared to the-14.01 percent (YTD) recorded at the end of May 2020.
On the bonds market, trade volume for the first six months were up 49.7 percent over the same period in 2019.
Again the half-year trade volume of 49,519 million is 89 percent of the total trade volume in 2019,” the Ghana Stock Exchange said.
The volume of securities traded for the month of June 2020 increased by 145 million from the May 2020 figure of more than 8.8 billion while the liquidity of the market went up to 54 percent at the end of June from 32 percent in May, 2020.
Latest Stories
-
GPL 2024/25: Young Apostles hand Samartex first home defeat since March
2 hours -
Unconventional Trump brings openings and perils for Africa
2 hours -
Iseguri Initiative fights teenage pregnancy and early child marriage
2 hours -
‘Dreams quashed’: Foreign students and universities fear Australia’s visa cap
3 hours -
G20 talks in Rio reach breakthrough on climate finance, sources say
3 hours -
2024/25 Ghana League: Bechem United shock Chelsea in Berekum
5 hours -
GPL 2024/25: Nations FC beat Asante Kotoko to go top
5 hours -
GPL 2024/2025: Gold Stars drop to 2nd after 2-0 defeat to Medeama
5 hours -
#GPL 2024/25: Hearts pip Karela in Tamale to move into top 4
5 hours -
Feedback from Klopp, others more valuable than just anybody – Otto Addo to critics
6 hours -
Support us if you want to qualify for the World Cup – Otto Addo to Ghanaians
6 hours -
Defective ballot papers for Ahafo and Volta Regions destroyed by EC
6 hours -
Election 2024: Be fair and transparent – Togbe Afede to EC
6 hours -
AFCON 2025Q: Poor home form cost us – Otto Addo
6 hours -
Togbe Afede criticises recent Supreme Court rulings as uninspiring and illogical
6 hours