• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Ghana Stock Exchange Sees A Drop in Trading Activity

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
197
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana Stock Exchange Sees a drop in Trading Activity

  • Trade turnover on GSE plummets by 96.89% to GHS 35,174; total volume traded falls to 33,004 shares

Trading on the Ghana Stock Exchange (GSE) came to a near standstill on the 3rd of July 2024, with turnover plummeting 96.89 per cent to GHS35,174 ($3,000) amid a broader slowdown in market activity.

The GSE Composite Index remained unchanged at 3,829.61 points, maintaining its year-to-date return of 22.34 per cent. Similarly, the GSE Financial Stocks Index held steady at 2,115.04 points, with an 11.23 per cent return since the start of the year.

Market capitalisation stayed flat at GHS85.10bn, as no price movements were recorded across the board. The day saw a mere 33,004 shares changing hands across 17 different equities, marking a significant drop from recent trading sessions.

CAL Bank led the volume chart with 17,043 shares traded, accounting for over half of the day’s total volume.

Despite the lull in trading, there were outstanding offers for several stocks. Allghan, FML, GCB, and SOGEGH saw bids at GHS4.80, GHS3.68, GHS5.25, and GHS1.55 respectively, indicating some latent interest in the market.

The sharp decline in trading activity NorvanReports analysis and checks show that comes as the West African nation grapples with economic challenges or investors awaiting key policy decisions from the central bank.

RelatedPosts

Government Orders Flags at Half-Mast as Nation Mourns Defence, Environment Ministers & Others in Helicopter Crash

Defence Minister and Environment Minister Among 8 Confirmed Dead in Military Helicopter Crash

Serie A Players Face 25% Pay Cut if Relegated Under New Agreement

Some Analysts who spoke to us and their identity withheld suggest that “uncertainty around upcoming economic data” or “caution ahead of earnings season” may be contributing to the reduced market participation.

While the GSE has shown robust performance year-to-date, yesterday’s muted activity raises questions about near-term market sentiment and liquidity.

Some market watchers will be keenly observing whether this represents a temporary lull or signals a shift in investor appetite for Ghanaian equities.

As global investors increasingly look to frontier markets for diversification and growth opportunities, the performance and liquidity of exchanges like the GSE remain crucial indicators of market development and economic health in emerging economies.

Tags: 004 shares174; total volume traded falls to 33Ghana Stock Exchange Sees Sharp Drop in Trading ActivityGSEGSE-CIGSE-FSITrade turnover on GSE plummets by 96.89% to GHS 35

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Osaka and Keys Advance to Quarter-Finals at Canadian Open

Ghana Armed Forces Helicopter Crashes in Adansi Akrofuom, 8 Feared Dead 

Cedi Appreciation Triggers 50% Drop in Remittance Inflows

Inflation Drops 160 basis points to 12.1% in July, Lowest Rate Since October 2021

Kwaku Azar Writes: Is Another SML Brewing at GACL?

GRA Refutes NIA’s Debt Claims, Cites Lack of Regulatory Approval and Service Agreement

Trending

Features

Government Orders Flags at Half-Mast as Nation Mourns Defence, Environment Ministers & Others in Helicopter Crash

August 6, 2025

Government Orders Flags at Half-Mast as Nation Mourns Defence, Environment Ministers & Others in Helicopter Crash Ghana...

Defence Minister and Environment Minister Among 8 Confirmed Dead in Military Helicopter Crash

August 6, 2025

Serie A Players Face 25% Pay Cut if Relegated Under New Agreement

August 6, 2025

Osaka and Keys Advance to Quarter-Finals at Canadian Open

August 6, 2025

Ghana Armed Forces Helicopter Crashes in Adansi Akrofuom, 8 Feared Dead 

August 6, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.