Market Summary
MTN Ghana (+1.43%) advanced by GH¢0.01 to close at GH¢0.71, due to positive sentiment ahead of dividend payments. The benchmark index gained 9.59 points (+0.39%) to close at 2,460.73 with a -4.33% year-to-date return.
The financial index recorded a decline of 0.23% due to negative changes in Enterprise Group Limited (-4.98%), Cal Bank Limited (-0.97%) and Standard Chartered Bank (-0.05%). The GSE-FI closed at 2,140.69 with a -0.61% year-to-date return.
Benso Oil Palm Plantation (-14.96%) declined for the second straight session, shedding GH¢0.01 to close at GH¢4.14. The manufacturing index moderated by 0.53 points (-0.01%) to close at 4,605.26 with a -1.03% YTD return.
Trading value weakened, with 201,233 shares valued at GH¢224,759.04 changing hands from 51,301 shares valued at GH¢79,219.03 at the previous session. Republic Bank Ghana Holdings (RBGH) dominated trades by both volume and value, accounting for 67.98% of total volume traded and 33.48% of total value traded.
We expect trading activity to increase while companies continue to release 2018 full year earnings results.
2018 Full Year Earnings Season - Highlights
Gainers & Losers
Market Indices
Top Trades by Volume