Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
In spite of a positive showing by TOTAL, the benchmark index moderated by 25.29 points (-1.12%) this week, closing at 2,231.22 with a -13.26% year-to-date return due to losses in five counters in the beverage and banking sectors. Market capitalization declined by 260 points (0.46%) to settle at GH¢56.69 billion.
Banking stocks were the major laggards this week. The GSE Financial Index weakened by 40.12 points (-2.05%) due to losses in SCB (-5.50%), EGL (-2.78%), EGH (-1.84%) and CAL (-1.11%) to close at 1,915.51 with a -11.06% year-to-date return.
Fan Milk Ghana Limited (-6.22%) dragged the SAS Manufacturing Index down by 60.50 points (-1.58%) to close at 3,765.33 with a -19.08% year-to-date return.
A total of 481,219 shares valued at GH¢385,394 changed hands compared to 15,013,587 shares valued at GH¢11,193,396 last week. MTN Ghana dominated trading activity for the second straight session, accounting for 57.53% of total value traded and 65.60% of total volume traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.