The benchmark index moderated by 5.83 points (-0.24%) to close at 2,380.91 with a -7.44% YTD return due to downward price movement in two counters in the banking and beverage sectors while market capitalization decreased by 0.10% to settle at GH¢58.38 billion.
Standard Chartered Bank Ltd fell by 6.83%, pushing the GSE Financial Index down by 19.71 points (-0.96%) to close with a -5.24 % YTD return.
Fan Milk Ghana Limited declined for a consecutive session by -10.20%, dragging the SAS Manufacturing Index down by 117.43 points to close at 4,176.20 with a -10.25% YTD return.
Trading activity increased as 2,729,235 shares valued at GH¢2,331,159 exchanged hands compared to 139,589 shares valued at GH¢58,083 at the previous session.
We expect trading activity to increase as investors regain confidence and take advantage of bargain stocks.
Annual General Meetings
Samba Foods Limited (SAMBA)
SAMBA will hold its annual general meeting on the premises of Samba Foods Limited (West Coast Dyeing Ltd. compound, Heavy Industrial Area, Tema, Ghana) on 12h July 2019 at 11:00 am.
Gainers & Losers
Top Trades by Volume