The benchmark index moderated by 2.42 points (-0.10%) to close at 2,330.93 with a -9.38% YTD return due to downward price movement in three banking and beverage stocks while market capitalization declined by 0.04% to settle at GH¢58.08 billion.
Cal Bank Limited (-5.00%) and Access Bank Ghana (-14.71%) closed lower, dragging the GSE Financial Index down by 22.18 points (-0.04%) to 2,004.72 with a -6.92% YTD return.
The SAS Manufacturing Index shed 44.48 points due to a loss in Fan Milk Ghana Limited (-5.26%) to close at 3,919.14 with a -15.78% YTD return.
Trading activity surged with 633,330 shares valued at GH¢2,608,959 changing hands compared to 47,572 shares valued at GH¢187,712 yesterday. Fan Milk Ghana Limited dominated trades, accounting for 90.65% of total volume traded and 99.02% 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
Top Trades by Volume