Transactions Review: Half Year 2012 on Ghana Stock Exchange (CBL Research)

CBL Research: - Half Year 2012 trading results of the Ghana Stock Exchange indicate that a total of 72.54 million shares changed hands on the market representing a 12.04% decline from the 82.47 million shares that were traded on the market for the first half of 2011. Out of the 72.54 million shares traded on the GSE for HYR 2012, a total of 40.07 million shares (representing 55.24%) were financial stocks thus maintaining the sector as the lead sector of the market in terms of volume. The FMCGs and Pharmaceuticals sector had a 23.18% share of the total market volume for the period. This was largely due to a block trade in AYRTN that was executed in March 2012.