Market Summary The benchmark index gained 3.
80 points (+0.
21%) on the back of GCB Bank (+4.
05%) to close today’s session at 1,842.
85 with a -18.
36% year-to-date return while the market capitalization was up 0.
07% to close at GH¢53.
Consequently, the GSE Financial Index closed 6.
90 points (+0.
42%) higher at 1,640.
05 with a -18.
80 % year-to-date return while the SAS Manufacturing Index remained unchanged, closing at 1,836.
46 with a year-to-date return of -47.
Trading activity surged as 4,670,182 shares valued at GH¢17,979,847 changed hands from 351,988 shares valued at GH¢1,803,701 in the previous session.
GCB Bank dominated trades by volume and value, accounting for 96.
36% of the total volume traded and 96.
36% of the total value traded.
We expect activity levels to pick up while investors await third-quarter earnings results.
De-Listing from The Ghana Stock Exchange PZ Cussons Ghana Limited (GSE: PZC) Following the end of the tender offer and successful settlement of all tendering shareholders, PZ Cussons Ghana Limited has announced the Company’s de-listing from the Ghana Stock Exchange (GSE), effective 19th October, 2020.
The offer results and de-listing have been approved by the GSE.