Market Summary
The GSE Composite Index opened the week flat at 2,027.12 with a 4.41% year-to-date return while the market capitalization was unchanged at GH¢55.33 billion.

The GSE Financial Index recorded no gains or losses, closing at 1,861.45 with a year-to-date return of 4.41% while the SAS Manufacturing Index stayed at 1,619.23 with a year-to-date return of -4.83%.

Trading activity advanced as 144,405 shares valued at GH¢98,696.43 changed hands from 45,259 shares valued at GH¢ 31,337 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 99.24% of the total volume traded and 98.76% of the total value traded.
We anticipate activity levels to increase.

Ecobank Nigeria secures N50 billion 10-Year Subordinated Loan
Ecobank Transnational Incorporated (GSE: ETI)
ETI, the parent company of the Ecobank Group, has announced that one of its significant subsidiaries, Ecobank Nigeria, has secured N50 billion, 10-Year bilateral subordinated loan.