GSE: Year-to-date trading volume of equities hit 584 million valued at GHS 984 million
The Ghana Stock Exchange (GSE) witnessed a remarkable surge in trading activity for June 2024, according to the latest Summary of Market Activities report.
The volume of shares traded soared to 39,746,912, valued at GHS 87,971,418.11, marking a staggering 767.62% increase in volume and a 495.30% rise in value compared to the same period last year.
Year-to-Date Metrics
Year-to-date, the GSE has recorded a cumulative trading volume of 584,649,319 shares, valued at GHS 984,505,958.87.
This reflects a substantial 157.68% increase in trading volume and a 197.41% escalation in value compared to the corresponding period last year, underscoring the exchange’s robust performance.
Index Performance
The GSE Composite Index climbed by 2.02% in June, reaching 3,829.61 points, bringing its year-to-date gain to 22.34%.
Similarly, the GSE Financial Stock Index rose by 3.04%, ending the month at 2,115.04 points, contributing to a year-to-date gain of 11.23%.
Leading Performers
Leading the month’s top price gainers were:
– Unilever Ghana Ltd (UNIL): +23.08%
– GCB Bank Ltd (GCB): +20.61%
– Fan Milk Ltd (FML): +15.36%
– Aluworks Ghana Ltd (ALLGH): +9.09%
– Guinness Ghana Breweries Ltd (GGBL): +5.86%
These impressive figures highlight the growing investor confidence and vibrant trading environment on the Ghana Stock Exchange.
