Market Summary
The benchmark index advanced further by 1.80 points (+0.09%) on the back of Cal Bank’s (+4.17%) impressive run, closing today’s session at 2,027.12 with a 4.41% year-to-date return while the market capitalization inched up by 0.03% to settle at GH¢55.33 billion.

Consequently, the GSE Financial Index was up 3.26 points (+0.18%) to close at 1,861.45 with a year-to-date return of 4.41% while the SAS Manufacturing Index remained flat at 1,619.23 with a year-to-date return of -4.83%.

Trading activity dwindled as 258,987 shares valued at GH¢175,741 changed hands from 1,275,653 shares valued at GH¢864,948 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 94.65% of the total volume traded and 94.85% 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.