The GSE Composite Index opened the week flat at 2,002.29 with a 3.13% year-to-date return while the market capitalization was unchanged at GH¢55.07 billion.
The GSE Financial Index recorded no gains or losses, closing at 1,816.34 with a year-to-date return of 1.88% while the SAS Manufacturing Index stayed at 1,619.23 with a year-to-date return of -4.83%.
Trading activity declined as 95,807 shares valued at GH¢67,950 changed hands from 2,493,413 shares valued at GH¢6,288,470 in the previous session. CAL Bank dominated trades by volume and value, accounting for 63.43% of the total volume traded and 61.84% of the total value traded.
We anticipate activity levels to increase.
Anglogold Ashanti Completes Sale of Entire Interests in the Sadiola Mine
AngloGold Ashanti Limited (GSE: AGA)
AngloGold Ashanti Limited (AGA) is pleased to announce, together with its joint venture partner IAMGOLD Corporation (IMG), the complete sale of their entire interests in Société d’Exploitation des Mines d’Or de Sadiola S.A. (“SEMOS”) to Allied Gold Corp (the “Transaction”). SEMOS’ principal asset is the Sadiola Mine located in the Kayes region of Western Mali.
Prior to the completion of the Transaction, AGA and IMG each held a 41% interest in SEMOS with the remaining 18% interest held by the Republic of Mali.
AGA is currently trading at GH¢37 per share on the Ghana Stock Exchange.