Market Summary
Two counters pushed the benchmark index down by 80.06 points (-3.12%) although GCB Bank (+2.36%) and Unilever Ghana (+1.54%) increased to close at 2,486.82 with a year-to-date return of 28.08%. The market capitalization edged down by 1.40% to settle at GH¢60.02 billion.

The GSE Financial Index moved up 3.34 points (+0.18%) due to gains in GCB Bank (+2.36%) despite a fall in the price of CAL Bank (-2.44%), closing at 1,898.59 with a year-to-date return of 6.50%.

The SAS Manufacturing Index increased by 4.78 points (+0.33%) on the back of Unilever Ghana (+1.54%) to close at 1,4315.89 with a year-to-date return of -15.60%.

MTN Ghana (-6.19%) completed the decliners’ chart.
Trading Activity surged as 5,350,033 shares valued at GH¢6,801,799 changed hands from 839,149 shares valued at GH¢1,052,511 in the previous session. MTN Ghana dominated trades by both volumes and value, accounting for 69.51% of the total volumes traded and 57.93% of the total value traded.
We anticipate activity levels to increase.

Company in Focus
Aluworks Limited (GSE: ALW)
Aluworks Limited is an aluminium continuous casting and cold rolling mill located in Tema, Ghana.
After an Initial Public Offer (IPO) in October 1996 at the price of GH¢0.135 per share, the company got listed on the Ghana Stock Exchange on November 29, 1996.
Following two rights issues in 2009 and 2013, issued shares currently amount to 236,687,001 shares at a price of GH¢0.10 per share.