Market Performance

Market Indices Trend

Top Trades by Volume

Top Trades by Value

Gainers & Losers

Market Summary

Gains in four counters in the telecom and banking sectors pushed the benchmark index up by 41.46 points (+1.72%) to close at 2,456.69 with a -4.49% year-to-date return while market capitalization increased by 1.37% to settle at GH¢59.76 billion.

GCB Bank Limited (+11.33%), Ecobank Transnational Incorporated (+16.67%) and Ecobank Ghana Limited (+10.29%) pushed the GSE Financial Index up by 55.60 points (+2.71%) to close at 2,104.32 with a -2.29% year-to-date return.

The manufacturing index recorded no gains or losses for the second straight week, closing at 4,598.33 with a -1.18% year-to-date return.

Trading activity weakened with 1,267,241 shares valued at GH¢1,057,333 changing hands from 2,752,901 shares valued at GH¢2,813,283 last week. MTN Ghana (MTNGH) dominated trades, accounting for 35.28% of total value traded and 30.81% of total volume traded.

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