In May, the Ghana Stock Exchange (GSE) recorded four stocks that experienced price gains.
According to the May 2024 Market Activities Summary, the leading price gainers for the month were New Gold, GCB Bank, MTN Ghana, and TotalEnergies.
The GSE Composite Index saw a 1.81% increase in May, setting a new all-time high and bringing its year-to-date gain to 19.92%.
Similarly, the GSE Financial Stock Index rose by 0.41%, resulting in a year-to-date gain of 7.95%.
With its listing in May 2024, Atlantic Lithium contributed 2.85 billion cedis to raise the total value of all listed stocks to 84.02 billion cedis by the month’s end.
The GSE’s Fixed Income Market experienced traded volumes of 10.39 billion during May, double the volume traded in May 2023.
Treasury Bills accounted for 74.53% of the traded volumes, Government Bonds contributed 24.70%, and Corporate Bonds made up the remaining 0.77%.
By the end of the month, the value of all securities on the market amounted to 328 billion cedis.
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