The Ghana Stock Exchange recorded its highest monthly trading value so far this year, as value of shares traded hit GH¢72 million cedis in May 2021.
This represented a month-on-month increase of 134%.
The month of May 2021 also recorded its second highest monthly volume of trading of 58.9 million shares changing hands.
The volume and value traded represented an increase of 98% and 134% increase respectively over the previous month.
MTN Ghana’s share was the most active stock on the GSE.
The managers of the exchange described investor confidence as soaring.
This is due to the performance of companies such as GOIL, GCB Bank, Societe Generale, Enterprise Group and Standard Chartered Bank.
Also, the market for fixed income securities such as bonds and bills continued to increase as volumes traded for the year so far reached a little above GH¢92 billion cedis.
This is an increase of 128% during the same period last year.
| Jan-May 2021 Jan-May 2020 | ||
| Volume | 289.63m 201.5m | |
| Value | GH¢257.22m GH¢147.02m | |
| GSE-CI YTD | 24.70% -14.01% | |
| Market capitalization | GH¢59.33bn GH¢53.54 |
Latest Stories
-
Beating Messi’s Inter Miami to MLS Cup is feels amazing – Joseph Paintsil
9 minutes -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
20 minutes -
Kudus sights ‘authority and kingship’ for elephant stool celebration
21 minutes -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
54 minutes -
Nana Aba Anamoah, Cwesi Oteng to attend Philip Nai and Friends’ charity event
59 minutes -
Environmental protection officers receive training on how to tackle climate change
1 hour -
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
2 hours -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
2 hours -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
2 hours -
Ban on smoking in public: FDA engages food service establishments on compliance
2 hours -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
2 hours -
GEPA commits to building robust systems that empower MSMEs
2 hours -
Twifo Atti-Morkwa poultry farmers in distress due to high cost of feed
2 hours -
Central Region PURC assures residents of constant water, power supply during yuletide
2 hours -
Election victory not licence to misbehave – Police to youth
2 hours