International traders’ debt holdings decreased to GH₵13.4 billion on the finish of December 2024, in comparison with GH₵17.5 billion on the finish of December 2023.
Conversely, the worth of overseas traders’ fairness holdings elevated to GH₵33.6 billion on the finish of December 2024, from GH₵20.9 billion on the finish of December 2023.
This mirrored the improved efficiency of the inventory market.
In keeping with the 2024 Monetary Stability Overview, overseas traders’ presence within the debt market is anticipated to enhance in 2025, on account of sustained macroeconomic restoration and beneficial financial prospects.
In 2024, the exercise of overseas traders within the capital market was fairly blended.
While the worth of fairness safety holdings by overseas traders elevated, the worth of their debt safety holdings decreased throughout the interval beneath evaluate.
Inventory Market Targeting Few Shares
The inventory market actions appeared focused on a couple of shares, making it weak to swings in these equities.
In keeping with the report, the entry dimension captures market focus and is measured by the Herfindahl-Hirschman Index (HHI), the share of the biggest ten corporations by way of market capitalisation and the share of the highest 10 corporations by way of whole buying and selling volumes.
On the finish of December 2024, the index for the entry dimension remained unchanged at 0.39.
Stability Dimension Index Improves
In the meantime, the steadiness dimension of the inventory market improved in 2024.
On the finish of December 2024, the index for the steadiness dimension elevated to 0.39 from 0.23 on the finish of December 2023.
The advance within the stability index was on account of a discount within the share of shares with damaging returns, which declined to 12.9% at end-December 2024 from 33.3% at end-December 2023.
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