Market Summary
Large cap banking and consumer goods stocks, SOGEGH (-3.91%) and FML (-0.72%) dragged the benchmark index by 7.23 points (-0.24%) as the selloff in the market continues. Consequently, the GSE-CI closed with a 15.69% year-to-date return. Market capitalization declined by 0.08% to settle at GH¢62.07 billion.
Performance was bearish across sectors monitored. The manufacturing index declined by 17.79 points (-0.30%) to close with a year-to-date return of 2.05% while the financial index shed 7.27 points (-0.27%) to close at a five month low of 2,722.83, translating to a 17.84% year-to-date return.
Activity levels changed marginally with 144,730 shares valued at GH¢326,433.79 changing hands from 170,487 shares valued at GH¢319,994.18 in the previous session. This represents a 15.11% decrease in total volume traded and a 2.01% increase in total value traded. CAL dominated trades by volume, accounting for 49.29% of total volume traded while ACCESS accounted for 67.56% of total value traded.
Market sentiment remained bearish with the aggregate bid/ask ratio closing at 0.4:1 from 0.4:1 in the previous session. We expect an increase in trading activity tomorrow.
Gainers & Losers
Interbank Exchange Rates
Top Trades by Volume
Market Indices
Event Calendar
Name |
Detail |
Venue |
Time |
Date |
MLC |
AGM |
Conference Centre |
10:30am |
26/06/18 |
HORDS |
AGM |
Coconut Grove |
10:00am |
26/06/18 |
PBC |
AGM |
Ebenezer Hall |
10:00am |
25/07/18 |