The Ghana Stock Exchange’s (GSE) Fixed Income Market recorded an impressive traded volume of 17.92 billion in August 2024, reflecting a remarkable 236.02% increase compared to the same period in 2023. Treasury Bills dominated the activity, accounting for 64.28% of the traded volume, while government bonds contributed 34.08%, and corporate bonds made up 1.64%.
Year-to-date, the trading volume reached 103.24 billion, representing a 99.47% increase from 51.76 billion during the same period last year.
Top Gainers on the Equities Market
In the equities market, the GSE Composite Index saw a slight dip of 2.98% in August 2024, closing at 4,359.85 points, reducing the year-to-date gain to 39.28%. In contrast, the GSE Financial Stock Index gained 0.77%, pushing its year-to-date gain to 11.38%.
The top price gainers for the month included GGBL (9.79%), Camelot (9.09%), BOPP (8.70%), Unilever (8.33%), and Enterprise Ghana Limited (6.45%).
On the downside, MTN Ghana and CalBank recorded losses of 5.98% and 8.82%, respectively.
Overall, 652,798,625 shares, valued at GH¢1,285,702,743.41, have traded so far this year, marking an 83.91% increase in volume and a 170.94% increase in value compared to the same period in 2023.
