Summary of February 2023 market activities
Business Desk Report Business News
The Ghana Stock Exchange (GSE) Composite Index performed better in February to recover some of the losses recorded ealier in the year. Both the composite and financial stock indices recorded negative returns of 1.47 per cent and 5. 17 per cent respectively.
This was driven by some of the listed companies posting strong financial and the conclusion of activities surrounding the Domestic Debt Exchange Programme.
Market activities picked up significantly when compared to the previous month.
Top price gainers for the month were UNIL (19.60 per cent), MTN (12.20 per cent) and BOPP (9.66 per cent).
The bond market (GFIM) closed the month with a volume traded of 9.17 billion representing a decline of 52.50 per cent compared to the same period in 2022.