The benchmark index moderated by 1.06 points (-0.04%) amid gains in GCB Bank Limited to close at 2,444.16 with a -4.98% year-to-date return. The decline was due to downward price movement in two counters in the banking and pharmaceutical sectors. Market capitalization declined by 0.02% to settle at GH¢59.63 billion.

The SAS Financial Index shed 4.85 points (-0.08%) due to a loss in Standard Chartered Bank (-0.46%) to close at 6,352.62 with a 0.29% year-to-date return.

Starwin Products Limited (-33.33%) declined to its year open, pushing the manufacturing index down by 3.98 points (-0.09%) to close at 4,594.35 with a -1.27% year-to-date return.

Trading value weakened with 440,553 shares valued at GH¢224,612.59 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)

• GCB Bank Limited: 31^st May, 2019 at the Accra International Conference Centre at 10:00AM.

Gainers & Losers

Market Indices

Top Trades by Volume