The mid-week trading session closed bullish, on the back of gains in three counters in the banking and beverage sectors. The benchmark index gained 0.05% to close at 2,582.70 with a 0.41% year-to-date return while market capitalisation advanced by 0.02% to settle at GH¢61.64 billion.
The financial index led the performance in sector indices, up 2.34 points (+0.11%) to close at 2,174.69 with a 0.97% year-to-date return due to gains in Cal Bank Limited (+1.01%) and Trust Bank The Gambia (+13.04%). Fan Milk Ghana Limited (+0.12%) advanced by a pesewa, pushing the SAS-MI up by 0.04% to close at 4,653.56 with a 0.01% YTD return.
Trading activity weakened with 171,562 shares valued at GH¢151,788.42 changing hands from 291,669 shares valued at GH¢172,527.33 recorded at the previous session. Trust Bank The Gambia (TBL) dominated trades by volume, accounting for 69.48% of total volume traded while Fan Milk Ghana Limited (FML) dominated by value, accounting for 55.20% of total value traded.
We expect trading activity to increase ahead of 2018 full year earnings results.
September Earnings Season - Highlights
Gainers & Losers
Top Trades by Volume