The benchmark index was up 1.73 points (+0.09%) on the back of two counters to close today’s session at 1,969.25 with a 1.42% year-to-date return while the market capitalization increased by 0.03% to settle at GH¢54.69 billion.
Societe Generale (+3.13%) pushed the GSE Financial Index upward by 2.46 points (+0.53%) to close at 1,789.66 with a 0.39% year-to-date return.
The SAS Manufacturing Index remained unchanged at 1,701.33 with a year-to-date return of 0.00%.
GOIL Company (+0.67%) completed the gainers’ chart at GH¢1.51.
Trading activity weakened as 47,710 shares valued at GH¢87,653 changed hands from 20,043,692 shares valued at GH¢13,237,531 in the previous session. CAL Bank dominated trades by volume, accounting for 35.82% of the total volume traded while Standard Chartered dominated trades by value, accounting 58.13% of the total value traded.
We anticipate activity levels to increase.
Anglogold Ashanti Completes Sale of Entire Interests in the Sadiola Mine
AngloGold Ashanti Limited (GSE: AGA)
AngloGold Ashanti Limited (AGA) is pleased to announce, together with its joint venture partner IAMGOLD Corporation (IMG), the complete sale of their entire interests in Société d’Exploitation des Mines d’Or de Sadiola S.A. (“SEMOS”) to Allied Gold Corp (the “Transaction”). SEMOS’ principal asset is the Sadiola Mine located in the Kayes region of Western Mali.
Prior to the completion of the Transaction, AGA and IMG each held a 41% interest in SEMOS with the remaining 18% interest held by the Republic of Mali.
AGA is currently trading at GH¢37 per share on the Ghana Stock Exchange.