MTN Ghana (MTNGH) dominated trades by volume and value, accounting for 99.91% of total volume traded and 99.80% of total value traded. A total of 14,048,886 shares valued at GH¢9,845,036 changed hands from 26,452 shares valued at GH¢34,244 at the previous session.
Enterprise Group Limited (+0.45%) and GCB Bank Limited (+0.25%) recorded gains however losses in three banking counters dragged the benchmark index down by 2.49 points (-0.10%) to close at 2,412.25 with a -6.22% year-to-date return while market capitalization declined 0.04% to settle at GH¢59.31 billion.
The SAS Manufacturing Index recorded no gains or losses for the seventh straight session, closing at 4,601.08 with a -1.12% YTD return.
The GSE Financial Index closed at 2,080.87 with a -3.38% year-to-date return due to downward price movement in Cal Bank Limited (-0.95%), Societe Generale Ghana (-3.33%) and SIC Insurance Limited (-7.14%).
We expect trading activity to increase as investors take advantage of bargain stocks.
2018 Full Year Earnings Season - Highlights
Gainers & Losers
Market Indices
Top Trades by Volume