The market was upbeat today as the benchmark index advanced by 24.
93 points (+1.
37%) on the back of three banking, consumer product and telecom counters to close the session at 1,840.
70 with a -18.
45% year-to-date return.
The market capitalization increased by 0.
49% to GH¢53.
The GSE Financial Index was up 2.
17 points (+0.
13%) to close at 1,668.
06 with a -17.
41% year-to-date return due to CAL Bank (+2.
94%) while Fan Milk (+2.
97%) pushed the SAS Manufacturing Index up by 5.
34 points (+0.
26%) to close at 2,028.
66 with a year-to-date return of -41.
MTN Ghana (+3.
45%) topped the gainers’ chart at GH¢0.
Trading activity surged as 842,294 shares valued at GH¢1,906,873 changed hands from 108,103 shares valued at GH¢79,764 in the previous session.
Enterprise Ghana dominated trades by volume, accounting for 65.
61% of the total volume traded while Standard Chartered dominated trades by value, accounting for 49.
62% of the total value traded.
We expect activity levels to increase as investors take advantage of bargain stocks.
Final Dividend 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.