Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
The benchmark index moderated by 41.69 points (-1.80%) this week, closing at 2,269.79 with a -11.76% year-to-date return due to losses in nine counters in the banking, beverage, agro-processing and telecom sectors while market capitalization declined by 0.74% to settle at GH¢57.06 billion.
The GSE Financial Index declined by 50.45 points (-2.49%) due to losses in five banking stocks to close with a -8.13% year-to-date return below the 2,000 support level.
Fan Milk Ghana Limited (-0.90%), Benso Oil Palm Plantation (-1.64%) and Guinness Ghana Breweries Limited (-4.26%) closed lower, dragging the SAS Manufacturing Index down by 45.61 points (-1.17%) to close at 3,852.87 with a -17.20% year-to-date return.
A total of 1,853,843 shares valued at GH¢2,887,831 changed hands compared to 34,921,183 shares valued at GH¢26,056,522 last week. Aluworks Limited dominated trades by volume, accounting for 53.94% of total volume traded while Ecobank Ghana Limited accounted for 45.55% total value traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.