Ghana Oil Company Limited (+9.09%) was the sole gainer at the session. Losses in five counters in the banking, telecom and agro processing sectors pulled the benchmark index down by 5.49 points (-0.23%) to close at 2,400.35 with a -6.68% year-to-date return. Market capitalization moderated by 0.09% to settle at GH¢59.39 billion.

Sector indices were bearish. The GSE Financial Index shed 1.92 points (-0.09%) to close at 2,083.66 with a -3.25% year-to-date while the SAS Manufacturing Index declined by 1.07 points (-0.02%) to close at 4,600.02 with a -1.14% YTD return

Trading activity weakened as 35,022 shares valued at GH¢60,658.80 changed hands from 41,023 shares valued at GH¢92,535.08 at the previous session. MTN Ghana (MTNGH) dominated trades by volume, accounting for 67.96% of total volume traded while Benso Oil Palm Plantation (BOPP) accounted for 62.64% of total value traded.

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

2018 Full Year Earnings Season - Highlights

Gainers & Losers

Market Indices

Top Trades by Volume