Market Summary
The GSE Composite Index closed 16.98 points (+0.76%) higher due to gains in five counters in the banking, telecom and oil marketing sectors to close at 2,253.45 with a -12.39% year-to-date return while market capitalization was up 0.02% to settle at GH¢56.75 billion.
Ecobank Ghana (-4.46%) inched the GSE Financial Index down by 13.62 points (-0.70%) to close at 1,932.20 with a -10.29% year-to-date return.
The SAS Manufacturing Index recorded no gains or losses, closing at 3,620.84 with a -22.19% year-to-date return.
Trading activity strengthened as 71,566 shares valued at GH¢141,786 changed hands compared to 61,615 shares valued at GH¢88,828 at the previous session. GOIL dominated trades, accounting for 42.47% of total volume traded and 35.83% of the total value traded.
We expect activity levels to increase at the next session.
Appointment of Managing Director
Unilever Ghana Limited (GSE: UNIL)
UNIL has announced the appointment of Mr. George Owusu-Ansah as the Managing Director effective January 1, 2020.
Appointment of Substantive Group Chief Executive Officer and Managing Director
GOIL Company Limited (GSE: GOIL)
GOIL has announced that the Company’s Board at its 466th Emergency Board Meeting held on Friday, 29th November, 2019 unanimously passed a resolution to appoint Mr. Kwame Osei Prempeh, the current Acting Group Chief Executive Officer and Managing Director as the substantive Group Chief Executive Officer and the Managing Director of GOIL Company Limited.
Gainers & Losers
Market Indices
Top Trades by Volume