The benchmark index advanced by 11.85 points (+0.63%) on the back of MTN Ghana (+1.79%) to end today’s session at 1,877.64 with a -16.85% year-to-date return.
The market capitalization increased by 0.23% to close at GH¢52.60 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 for eight straight sessions, closing at 2,581.74 with a year-to-date return of -25.84%.
Trading activity strengthened as 62,153 shares valued at GH¢75,572 changed hands from 48,359 shares valued at GH¢28,289 in the previous session.
MTN Ghana dominated trades by volume, accounting for 39.95% of the total volume traded while Standard Chartered dominated trades by value, accounting for 45.85% 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.
Annual General Meeting
Agricultural Development Bank Limited (GSE: ADB)
ADB has announced that the Company’s Annual General Meeting will be held virtually and streamed live to shareholders on http://agricbankagm.com from the 4th Floor, Accra Financial Centre, Ridge, Accra on Wednesday, August 12, 2020 at 11 am.