Market Summary

MTN Ghana (+1.37%) shed GH¢0.01 to close at GH¢0.72 dragging the benchmark index down by 12.15 points (-0.50%) to close at 2,421.99 with a -5.84% year-to-date return while market capitalization declined by 0.21% to settle at GH¢59.13 billion.

The GSE Financial Index closed flat at 2,060.82 with a -4.31% year-to-date return.

The manufacturing index recorded no gains or losses for the ninth straight session, closing at 4,598.33 with a -1.18% year-to-date return.

Trading activity strengthened with 203,912 shares valued at GH¢279,318.25 changing hands from 50,435 shares valued at GH¢86,088.26 at the previous session. MTN Ghana dominated trades by volume, accounting for 44.09% of total volume traded while Guinness Ghana Breweries Limited accounted for 37.87% of total value traded.

We expect trading activity to increase as investors take advantage of bargain stocks.

Annual General Meetings (May 2019)

• Ghana Oil Company Limited: 23^rd May, 2019 at the College of Physicians and Surgeons at 11:00AM.
• Unilever Ghana Company Limited: 24^th May, 2019 at the College of Physicians and Surgeons at 10:00AM.
• Camelot Ghana Limited: 29^th May, 2019 at the Christ the King Parish, King of Kings Hall at 10:00AM.
• GCB Bank Limited: 31^st May, 2019 at the Accra International Conference Centre at 10:00AM.

Gainers & Losers

Market Indices

Top Trades by Volume