The volume of bonds traded on the Ghana Stock Exchange (GSE) Fixed Income Market (GFIM) more than doubled to reach 155.05 billion in the first nine months of this year, as the market increased. continued its impressive run this year.
This is compared to the 74.73 billion recorded during the same period last year.
On a month-to-month basis, GFIM closed September 2021 on an impressive run, trading volume of 14.08 billion, an increase of 1.29% and 48.46% from the previous month and at the same time last year.
Meanwhile, the GSE Composite Index continued its uptrend to end September with a cumulative return of 47.06%.
This is mainly due to increases in the share prices of Fanmilk (101.25%), Société Générale (31.58%), Ecobank Transnational Incorporated (14.29%), BOPP (13.94%) and Enterprise Ghana Limited ( 12.75%).
The market has also seen an increase in activity as trading volumes, values and the number of trades increased from the previous month.
Total volume traded in September was 30.41 billion shares valued at 42.39 billion yen, an increase of 47.17% in volume and 54.23% in value from the previous month. This is what the GSE attributed to a sustained investor in market performance.
The cumulative value (411.10 million euros) and the volume (400.60 million) traded for the year represented respectively an increase of 39.26% and a marginal decrease of 0.82% compared to the last year.
|January-September 2021||January-September 2022|
|Volume||400.6 million||403.9 million|
|Value||411.10 million yen||295.19m|
|GSE Composite Index since the beginning of the year||47.06%||-17.75%|
|Market capitalization||64.17 billion yen||53.15 billion yen|