Market Performance

Market Indices Trend

Top Trades by Volume

Top Trades by Value

Gainers & Losers

Market Summary

Positive 2018 full year results in Total Petroleum Ghana Limited (+17.33%) and Enterprise Ghana Limited (+0.93%) continued to drive growth while banking stocks added to gains on bullish sentiment. The GSE-CI advanced by 0.01% to close at 2,493.23 with a -3.07% year-to-date return while market capitalization increased by 0.01% to settle at GH¢60.14 billion.

Sector indices recorded mixed performance. The financial index gained 11.03 points (+0.52%) this week to close at 2,136.63 with a -0.79% year-to-date return due to gains in Cal Bank Limited (+2.20%), Access Bank Ghana Limited (+11.76%) and Enterprise Group Limited (+0.93%).

The manufacturing index moderated to close at 4,647.26 with a -0.13% year-to-date return.

Trading activity surged with 1,586,664 shares valued at GH¢3,209,986 changing hands from 849,043 shares valued at GH¢1,770,815 last week. Societe Generale Ghana Limited (SOGEGH) dominated trades by volume, accounting for 34.08% of total volume traded while Unilever Ghana Limited (UNIL) dominated total value traded for the second straight week, accounting for 48.95% of value traded.

We expect activity levels to pick up as investors take advantage of bargain stocks.