The Ghana Stock Exchange (GSE) Fixed Income Market (GFIM) recorded 5.0 billion volume traded in May 2023, about 12.4% decrease from the previous month.
Compared to last year, it was down by 71.06%.
According to the GSE May 2023 Report, the value traded were ¢109.885 million, down 81.91% compared to the same period last year.
From January 2023 to May 2023, the cumulative volume traded amounted to 35.47 billion, a decline of 64.22% compared to the 99.15 billion traded during the corresponding period last year.
Trades in short-term government securities accounted for 76% of activity on the market.
On the Equities market, the GSE Composite Index recorded a decline of 230.17 points during the month of May 2023, resulting in a fall in the year-to-date return to 2.76% from the previous month’s return of 12.18%.
Similarly, the GSE Financial Stock Index lost 80.90 points, increasing the year-to-date losses to 18.28%.
Unilever (26.67%), Fanmilk (22.64%), Guinness Ghana Breweries Limited (10.00%) and Total (0.47%) were the top gainers in May 2023.
On the other hand, Standard Chartered Bank (-18.83%), MTN Ghana (-13.49%), Enterprise Ghana (10.00%), SIC (-4.00%) and Societe Generale -3.23%) led the loss sheet.
| MAY 2023 | APRIL 2023 | % CHANGE | |
| GSE-CI YTD change | 2.76% | 8.41% | |
| Value Traded | ¢316,249,713.54 | ¢1,016,336,079.24 | -68.88 |
| Market Capitalization | ¢65.78bn | ¢62.27bn | 5.63 |
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policies of Homebase Television Ltd.
- President Commissions 36.5 Million Dollars Hospital In The Tain District
- You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
- I Will Lead You To Victory – Ato Forson Assures NDC Supporters
Visit Our Social Media for More
About Author
