Market Summary The benchmark index advanced by 8.
35 points (+0.
45%) on the back of MTN Ghana (+1.
64%) to close the session at 1,852.
30 with a -17.
94% year-to-date return while the market capitalization increased by 0.
16% to GH¢53.
Societe Generale (-7.
14%) lowered the GSE Financial Index by 6.
15 points (-0.
37%) to close at 1,657.
22 with a -17.
94% year-to-date return while the SAS Manufacturing Index remained unchanged at 1,836.
46 with a year-to-date return of -47.
Trading activity weakened as 94,950 shares valued at GH¢63,789 changed hands from 1,490,889 shares valued at GH¢4,716,159 in the previous session.
MTN Ghana dominated trades by volume, accounting for 33.
54% of the total volume traded while CAL Bank dominated trades by value, accounting for 34.
13% of the total value traded.
We expect activity levels to pick up while investors await third-quarter earnings results.
De-Listing From The Ghana Stock Exchange PZ Cussons Ghana Limited (GSE: PZC) Following the end of the tender offer and successful settlement of all tendering shareholders, PZ Cussons Ghana Limited has announced the Company’s de-listing from the Ghana Stock Exchange (GSE), effective 19th October, 2020.
The offer results and de-listing have been approved by the GSE.