🇬🇭 Ghana Stock Exchange

Trading activities on the main market of the Ghana Stock Exchange (GSE) saw a significant month-on-month turnaround in May, as value and volume of shares traded reached its highest and second-highest points for the year respectively, with 58.9 million shares, valued at GH¢72.7 million, changing hands.

The Securities and Exchange Commission (SEC) on Monday launched its maiden Capital Market Master Plan (CMMP) to serve as the blueprint for the development of the capital market in Ghana for the next 10 years.

Following a flurry of trading activities which characterised the Ghana Stock Exchange (GSE) over the past half-year, including a number of all-time high (ATH) gains, a dip in April has seen trading on the market fall month-on-month – as volumes traded dropped by 48.40% from 57.69 million in March to 29.77 million in April.

The Ghana Stock Exchange ended the first quarter of this year as the best performing stock market in Africa with an annual return of 14.62% in dollar term for investors.