The Ghana Stock Exchange (GSE) index has recorded over 30 percent growth in the first quarter (Q1) of the year, beating its competitors in the West African sub-region as the best securities market.
The Managing Director, Abena Amoah has attributed the feat to renewed confidence in the market and an uptake in activities by investors on the bourse.
She is hopeful the growth will surpass other markets across the continent by close of the year.
Giving a closing remarks after beverage manufacturer, Kasapreko Plc took their turn on the “Fact Behind the Figures” series, Madam Amoah said the current economic performance will positively impact activities of the exchange.
Compared to its peers in West Africa, she disclosed that the GSE performed very well in the first quarter, highlighting a bright future for listed companies.
As of May 18th, the GSE equities market has recorded a very impressive performance. Our index was up over 30 percent, the best in West Africa, our financial stock index was also up by about 33 percent and there is renewed investor confidence and robust market activity”, she said.
According to her, work is ongoing to improve capitalization of the GSE.
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