Top Trades by Volume

Top Trades by Value 

Gainers & Losers

Market Summary

The benchmark index closed the week 58.22 points (-2.85%) lower at 1,983.83 with a -12.11% year-to-date return while the market capitalization decreased by 1.12% to settle at GH¢53.99 billion.

The performance of financial counters were mixed. Societe Generale (+1.56%) and GCB Bank (+2.74%) advanced at the session, however, downward price movements in Ecobank Ghana (-6.04%), Standard Chartered (-2.78%), Enterprise Group (-1.82%) and CAL Bank (-1.28%) dragged the GSE Financial Index down by 32.90 points (-1.76%) to close at 1,841.15 with a -8.84% year-to-date return.

The SAS Manufacturing Index shed 94.19 points (-2.95%) due to Guinness Ghana (-12.50%) to close at 3,098.44 with a year-to-date return of -11.00%.

MTN Ghana (-4.92%) completed the decliners’ chart while Total Petroleum (+4.17%) summed up that of the gainers.

Trading activity weakened as 11,749,650 shares valued at GH¢8,159,296 changed hands compared to 24,261,385 shares valued at GH¢15,315,136 last week. MTN Ghana dominated trades by volume and value, accounting for 97.29% of total volume traded and 82.34% of the total value traded.

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