Market Summary

Cal Bank Limited advanced by 6.25% on news it will deploy 2,000 agents for its agency banking strategy. Consequently, the GSE Composite Index gained 1.16 points (+0.05%) to close at 2,445.22 with a -4.94% year-to-date return while market capitalization increased by 0.02% to settle at GH¢59.64 billion.

Cal Bank Limited pushed the GSE Financial Index up 5.87 points (+0.28%) to close at 2,110.20 with a -2.02% year-to-date return.

The manufacturing index recorded no gains or losses for the fourteenth straight session, closing at 4,598.33 with a -1.18% year-to-date return.

Trading activity strengthened with 364,610 shares valued at GH¢249,584 changing hands from 364,610 shares valued at GH¢249,584 at the previous session. MTN Ghana dominated trades by volume, accounting for 66.29% of total volume traded while Ghana Oil Company Limited accounted for 32.79% of total value traded.

We expect trading activity to increase as investors take advantage of bargain stocks.

Annual General Meetings (May 2019)

• Camelot Ghana Limited: 29^th May, 2019 at the Christ the King Parish, King of Kings Hall at 10:00AM.
• GCB Bank Limited: 31^st May, 2019 at the Accra International Conference Centre at 10:00AM.

Market Indices

Top Trades by Volume