Market Summary

Gains in two banking stocks pushed the benchmark index up by 0.40 points (+0.02%) to close at 2,325.00 with a -9.61% YTD return while market capitalization increased by 0.01% to settle at GH¢58.02 billion.

GCB Bank Limited (+0.20%) and Standard Chartered Bank (+0.05%) climbed, pushing the GSE Financial Index up by 0.75 points (+0.04%) to close at 2,027.74 with a -5.85% YTD return.

The SAS Manufacturing Index recorded no gains or losses at the session, closing at 4,015.64 with a -13.70% YTD return.

Trading activity weakened with 84,520 shares valued at GH¢50,143 changing hands compared to 60,346 shares valued at GH¢88,806.21 yesterday. MTN Ghana dominated trades by volume and value, accounting for 74.07% of total volume traded and 87.61% of total value traded.

We expect increased activity in financial stocks due to outstanding bids at the next session.

Annual General Meetings

Samba Foods Limited (SAMBA)

SAMBA will hold its annual general meeting on the premises of Samba Foods Limited (West Coast Dyeing Ltd. compound, Heavy Industrial Area, Tema, Ghana) on 12th July 2019 at 11:00 am.

Gainers & Losers

Market Indices

Top Trades by Volume