Two stocks in the financial sector edged the benchmark index up by 3.12 points (+0.12%) to close the session at 2,541.99 with a year-to-date return of 30.92% while the market capitalization inched up by 0.05% to settle at GH¢60.60 billion.
Enterprise Group (+9.80%) and Societe Generale (+1.15%) moved the GSE Financial Index up by 5.68 points (+0.30%) to close at 1,908.58 with a year-to-date return of 7.06% while the SAS Manufacturing Index recorded no gains or losses, closing at 1,446.56 with a year-to-date return of -14.97%.
Trading Activity weakened as 361,902 shares valued at GH¢451,399 changed hands from 2,118,343 shares valued at GH¢2,743,352 in the previous session. MTN Ghana dominated trades by both volumes and value, accounting for 49.76% of the total volumes traded and 43.88% of the total value traded.
We anticipate activity levels to increase.
Enterprise Group Limited (GSE: EGL)
EGL has announced that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.062 per share for the 2020 financial year.
The final dividend will be paid on Tuesday, July 27, 2021.