The benchmark index was upbeat today, gaining 1.74 points (+0.08%) on the back of price appreciations in four counters in the financial and oil marketing sectors to close at 2,141.26 with a -16.75% year-to-date return. Market capitalization increased by 0.21% to settle at GH¢55.60 billion.
From a sector perspective, SIC Insurance (+12.50%), CAL Bank (+1.23%) and Standard Chartered (+0.23%) pushed the GSE Financial Index upward by 2.22 points (+0.42%) to close at 1,790.66 with a year-to-date return of -16.86% while the SAS Manufacturing Index was unchanged at 3,620.75 with a -22.19% year-to-date return.
Total Petroleum, the other gainer, was up 1.64%.
Trading activity shot up as 969,460 shares valued at GH¢2,725,382 changed hands compared with 8,168 shares valued at GH¢11,267 at the previous session. GOIL dominated trades, accounting for 51.77% of total volume traded and 30.94% of the total value traded.
We expect activity levels to increase at the next session.
Change of Registrars
GOIL Company Limited (GSE: GOIL)
GOIL has announced that the Company has changed its Registrars from UMB Registrars to National Trust Holding Company (NTHC) with effect from 20th November 2019.
Extraordinary General Meeting
CAL Bank Limited (GSE: CAL)
CAL has announced that the Company will hold an Extraordinary General Meeting on Thursday, 5 December 2019 at the Main Auditorium, 8th Floor, Cal Bank Head Office, 23 Independence Avenue, Accra at 10am.
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