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The Ghana Stock Exchange (GSE) reached an all-time high market capitalization of GH¢80.20 billion in April 2024, driven by substantial gains in share prices across various companies
GSE Composite Index
The GSE Composite Index gained an impressive 6.68% in April 2024, contributing to a year-to-date gain of 17.7%
Financial Stock Index
The Financial Stock Index also gained 2.14% during the same period
Top Gainers
The top gainers for April 2024 were GCB (23.03%), MTN Ghana (10.76%), Camelot (10%), Access Bank (7.87%), New Gold (5.72%), SIC (4.17%), Unilever (1.27%), BOPP (0.33%), and TotalEnergies (0.11%)
Ghana Fixed Income Market
The Ghana Fixed Income Market experienced a significant surge in trade volumes, reaching 11.34 billion, a 98.47% increase compared to the same period last year ¹.
Market Activity
Long-term government securities contributed 30.10% to the overall market activity, while short-term government instruments made up 69.51% of the market’s activity during the period under review