Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Gains in four counters in the telecom and banking sectors pushed the benchmark index up by 74.44 points (+3.18%) to close at 2,415.22 with a -6.10% year-to-date return while market capitalization increased by 1.28% to settle at GH¢58.94 billion.
GCB Bank Limited (+11.33%) and Standard Chartered Bank (+14.74%) recovered from losses to close with an 8.91% and 3.81% year-to-date return, respectively. The financial index gained 95.10 points (+4.87%) to close at 2,048.72 with a -4.88% year-to-date return.
The manufacturing index recorded no gains or losses this week, closing at 4,598.33 with a -1.18% year-to-date return.
Trading activity weakened with 2,752,901 shares valued at GH¢2,813,283 changing hands from 31,341,228 shares valued at GH¢4,448,331 last week. MTN Ghana (MTNGH) dominated trades, accounting for 57.60% of total value traded and 39.15% of total volume traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.