The benchmark index climbed 4.92 points (+0.21%) higher due to gains in MTN Ghana (+1.45%) to close at 2,401.11 with a -6.65% year-to-date return. Market capitalization followed the market’s trend, up 0.08% to settle at GH¢59.40 billion.
Sector indices closed lower. The GSE Financial Index shed 13.13 points (-0.64%) to close at 2,062.63 with a -4.23% year-to-date return while the SAS Manufacturing Index declined by 4.71 points (-0.10%) to close at 4,595.31 with a -1.25% YTD return.
MTN Ghana (MTNGH) dominated trades for the second consecutive session, accounting for 92.67% of total volume traded and 82.22% of total value traded. Trading activity strengthened with 784,212 shares valued at GH¢618,124 changed hands from 244,354 shares valued at GH¢175,801 at the previous session.
We expect trading activity to increase as investors take advantage of bargain stocks.
2018 Full Year Earnings Season - Highlights
Gainers & Losers
Top Trades by Volume