The benchmark index stayed flat at 1,831.11 with a -18.88% year-to-date return for the second straight session while the market capitalization remained at GH¢53.05 billion.
Accordingly, the GSE Financial Index recorded no gains or losses, closing at 1,640.05 with a -18.80 % year-to-date return while the SAS Manufacturing Index closed unchanged at 1,836.46 with a year-to-date return of -47.25%.
Trading activity waned as 23,021 shares valued at GH¢7,648 changed hands from 1,021,524 shares valued at GH¢1,422,461 in the previous session. SIC Company dominated trades by volume, accounting for 74.63% of the total volume traded while Benso Oil dominated trades by value, accounting for 36.55% of the total value traded.
We expect activity levels to pick up while investors await more 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.