The benchmark index opened the week 11.85 points (+0.63%) higher on the back of MTN Ghana (+1.79%) to close at 1,889.49 with a -16.29% year-to-date return.
The market capitalization increased by 0.29% to close at GH¢52.85 billion.
The GSE Financial Index recorded no gains or losses, closing at 1,730.78 with a -14.30% year-to-date return while the SAS Manufacturing Index remained unchanged, closing at 2,581.74 with a year-to-date return of -25.84%.
Trading activity surged as 4,125,849 shares valued at GH¢2,593,654 changed hands from 43,178 shares valued at GH¢69,057 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 98.27% of the total volume traded and 90.69% of the total value traded.
We expect activity levels to increase as investors take advantage of bargain stocks.
Benso Oil Palm Plantation Limited (GSE: BOPP)
BOPP has announced that the Company’s Directors will be recommending to its shareholders at the upcoming Virtual Annual General Meeting, the payment of a final dividend of GH¢0.055 per share for the 2019 financial year.
The final dividend if approved will be paid on Thursday, 15th October 2020.