• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, July 12, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Herding Behavior, Reason for Low Patronage of Stocks on GSE- Opoku-Agyemang

October 25, 2021
Stephen M.Cby Stephen M.C
in Securities/Markets, Sub Top Stories1
0
Herding Behavior, Reason for Low Patronage of Stocks on GSE- Opoku-Agyemang

Nana Agyei Opoku-Agyemang, CEO of Blackstar Brokerage

Nana Agyei Opoku-Agyemang, the Chief Executive Officer (CEO) of Blackstar Brokerage, has disclosed that the reason for low patronage of some stocks on the Ghanaian stock market by some companies is herding behavior of investors.

The Ghanaian stock market has witnessed low trading activity through out the penultimate week of October, and according to the CEO, Ghanaian investors follow the crowd instead of doing their own analysis and research and make their own decisions, and take risks.

“Our markets mostly operate on herding behaviors. We see large trading activities in only a few stocks because investors believe previous trading activities and prices increases would also interest other investors to trade on those stocks.”

Nana Agyei Opoku-Agyemang

Mr Opoku-Agyemang, in an exclusive interview with the Vaultz news, added that, Ghanaian investors have little understanding of the structures of the stocks listed on the Ghana Stock Exchange, and as a result, lead to low market activity on the local bourse.

RelatedPosts

BoG Stress Test Uncovers Banks’ Credit Vulnerability Amid Strong Liquidity Defences

GCB Bank Stumbles with 4.04% Plunge on GSE

Republic Bank Soars Nearly 10% as MTN Slips in Volatile GSE Trading Session

“Our understanding of macroeconomic influences, market structure and fundamentals of listed firms are minimal, and this drives low market activity. Few analysts covering stocks on the market also contribute to low patronage”.

Nana Agyei Opoku-Agyemang

Mr Opoku-Agyemang indicated that some equities on the Ghanaian Stock market have a small number of shares available for trading, so, investors have limited access to these stocks to trade which leads to low trading activity. Also, he noted that some investors hold some stocks for long term, with the goal of realizing price appreciation, despite volatility.

“Low float on the path of listed firms also account for low trading activity. We also have few institutional investors on the market who generally have a buy and hold strategy.”

Nana Agyei Opoku-Agyemang

How Equities can Improve Trading Activity

In the intervening time, the Blackstar’s CEO advised companies listed on the Ghana Stock Exchange and looking to boost their trading activities to engage experts and analysts to explain their business development strategies to them to enable them have a clear directional views of the company to help them in their decision making processes.

“Companies need to interact more with analysts to ensure that analysts have a clear view on what the company is about and its strategy going forward. Once several analysts cover the stocks, it gives the stock more exposure.”

Nana Agyei Opoku-Agyemang

Mr Opoku-Agyemang also charged companies to increase the number of stocks they make available for trading and by this, he stated, will help boost trading activities on the Ghana Stock Exchange.

“Also, listed companies need to increase their float. That is, the number of shares that is out there to be traded should be increased. This would improve trading activities as investors.”

Nana Agyei Opoku-Agyemang


By this, Mr Opoku-Agyemang asserted that investors will not have to struggle to come by stocks they are interested in.

The CEO of Blackstar Brokerage concluded by tasking the various companies listed on the Ghana Stock Exchange to prepare timely reports on their companies for investors to have overhead information on the company to help them make well timed judgements.

“Improvement of disclosure practices and timely, quality reports would also help listed firms boost trading activities on the market.”

Nana Agyei Opoku-Agyemang

READ ALSO: Trading activity on Ghana Stock Exchange Slumps by 89%

Tags: Ghana Stock ExchangeHerding behaviorNana Agyei Opoku-Agyemang
Please login to join discussion
Previous Post

Pensions Awareness Week to Help Create Visibility for Pensions – CEO, NPRA

Next Post

“Mockery from fellow artistes has damaged my brand” – Patapaa

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Ewurabena Aubynn
General News

NDC’s Ewurabena Aubynn Secures Historic Victory in Ablekuma North Rerun

July 11, 2025
Minority Decries Violence, Police Inaction in Ablekuma North Rerun, Polling, Violence
General News

Minority Decries Violence, Police Inaction in Ablekuma North Rerun

July 11, 2025
BoG’s Ban on 10 Money Transfer Organisations Sparks Transparency Debate
Banking

BoG Stress Test Uncovers Banks’ Credit Vulnerability Amid Strong Liquidity Defences

July 11, 2025
AU Urges Human Dignity In Corruption Fight
Africa

AU Urges Human Dignity In Corruption Fight

July 11, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Nearly 800 Killed While Trying To Receive Food Aid In Gaza

July 11, 2025
Shamima Muslim,
General News

Government Condemns Journalist Assaults During Ablekuma North Rerun

July 11, 2025
Ewurabena Aubynn
General News

NDC’s Ewurabena Aubynn Secures Historic Victory in Ablekuma North Rerun

by Evans Junior OwuJuly 11, 2025
Minority Decries Violence, Police Inaction in Ablekuma North Rerun, Polling, Violence
General News

Minority Decries Violence, Police Inaction in Ablekuma North Rerun

by Silas Kafui AssemJuly 11, 2025
BoG’s Ban on 10 Money Transfer Organisations Sparks Transparency Debate
Banking

BoG Stress Test Uncovers Banks’ Credit Vulnerability Amid Strong Liquidity Defences

by Stephen M.CJuly 11, 2025
AU Urges Human Dignity In Corruption Fight
Africa

AU Urges Human Dignity In Corruption Fight

by Lawrence AnkutseJuly 11, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Nearly 800 Killed While Trying To Receive Food Aid In Gaza

by Comfort AmpomaaJuly 11, 2025
Shamima Muslim,
General News

Government Condemns Journalist Assaults During Ablekuma North Rerun

by Silas Kafui AssemJuly 11, 2025
Ewurabena Aubynn
Minority Decries Violence, Police Inaction in Ablekuma North Rerun, Polling, Violence
BoG’s Ban on 10 Money Transfer Organisations Sparks Transparency Debate
AU Urges Human Dignity In Corruption Fight
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Shamima Muslim,
[/vc_row_inner]

Recent News

  • NDC’s Ewurabena Aubynn Secures Historic Victory in Ablekuma North Rerun
  • Minority Decries Violence, Police Inaction in Ablekuma North Rerun
  • BoG Stress Test Uncovers Banks’ Credit Vulnerability Amid Strong Liquidity Defences
  • AU Urges Human Dignity In Corruption Fight
  • Nearly 800 Killed While Trying To Receive Food Aid In Gaza
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.