Two consumer product and telecom counters lowered the benchmark index by 12.03 points (-0.66%) to close at 1,815.77 with a -19.55% year-to-date return while the market capitalization decreased by 0.24% to settle at GH¢52.90 billion.
The GSE Financial Index remained flat at 1,665.89 with a -17.52% year-to-date return while Fan Milk (-2.88%) edged the SAS Manufacturing Index down by 5.54 points (-0.26%) with a year-to-date return of -41.88%.
MTN Ghana (-1.69%) summed up the decliners’ chart at GH¢0.58.
Trading activity waned as 108,103 shares valued at GH¢79,764 changed hands from 625,667 shares valued at GH¢856,981 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 68.41% of the total volume traded and 53.80% of the total value traded.
We expect activity levels to increase as investors take advantage of bargain stocks.
Societe Generale Ghana Limited (GSE: SOGEGH)
SOGEGH has announced that the Company’s Directors will be recommending to the shareholders at the upcoming Extra-Ordinary General Meeting, the payment of a final dividend of GH¢0.045 per share for the 2019 financial year.
The final dividend will be paid on Monday, 30th November 2020.