The benchmark index opened the week on a positive note due to gains in the telecom and banking sectors. The GSE-CI climbed 4.57 points (+0.19%) to close at 2,465.63 with a -4.14% year-to-date return while market capitalization increased by 0.08% to settle at GH¢59.85 billion.

The financial index advanced on the back of a gain in GCB Bank Limited (+0.20%) to close at 2,140.73 with a -0.60% year-to-date return.

The SAS Manufacturing Index moderated by 121.47 points (-2.71%) due to a loss in Fan Milk Ghana Limited (-6.25%) and Benso Oil Palm Plantation (-14.77%) to close at 4,476.86 with a -3.79% year-to-date return.

Trading value strengthened with 63,833 shares valued at GH¢437,289.32 changing hands from 135,152 shares valued at GH¢244,802.64 at the previous session. Fan Milk Ghana Limited dominated trades, accounting for 89.45% of total volume traded and 97.93% of total value traded.

We expect trading activity to increase as investors take advantage of bargain stocks.

Annual General Meetings (June 2019)

• Standard Chartered Bank Ghana Limited: 6^th June 2019 at the National Theatre at 11:00AM.

Gainers & Losers

Market Indices

Top Trades by Volume