Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
The benchmark index moderated by 16.44 points (-0.70%) this week to close at 2,316.33 with a -9.95% year-to-date return due to losses in seven counters in the banking, telecom, insurance, beverage and agro-processing sectors while market capitalization declined by 0.64% to settle at GH¢57.53 billion.
The GSE Financial Index declined by 7.54 points (-0.37%) due to downward price movement in Ecobank Ghana Limited (-0.12%), Enterprise Group Limited (-4.76%), SIC Insurance Limited (-9.09%) and Ecobank Transnational Incorporated (-9.09%) to close at 2,057.23 with a -4.48% year-to-date return.
Benso Oil Palm Plantation (+1.61%) and Guinness Ghana Breweries Limited (+2.50%) dragged the SAS Manufacturing Index down by 4.86 points (-0.13%) to close at 3,863.37 with a -16.98% year-to-date return.
Trading activity weakened as 210,214 shares valued at GH¢236,557 exchanged hands compared to 690,653 shares valued at GH¢1,834,137 last week. MTN Ghana dominated trades, accounting for 44.95% of total volume traded and 27.97% total value traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.