Market Performance

Market Indices Trend

Top Trades by Volume 

Top Trades by Value

Gainers & Loser

Stocks closed 44.44 points (-1.74%) lower, due to losses in ten counters in the banking, petroleum marketing, telecommunications, consumer goods and insurance sectors. Consequently, the GSE-CI closed at 2,511.84 with a -2.35% year-to-date return while market capitalization declined by 0.74% to settle at GH¢60.33 billion.

The financial index shed 27.92 points (-1.30%) this week to close at 2,125.89 with a -1.29% year-to-date return due to losses in Ecobank Ghana (-3.48%), Cal Bank Limited (-12.12%), SIC Insurance (-4.35%), Republic Bank Ghana Holdings (-2.78%), Standard Chartered Bank (-0.05%) and GCB Bank Limited (-2.00%).

Manufacturing stocks however advanced by 0.72% to close with a -0.16% year-to-date return on the back of gains in Benso Oil Palm Plantation (-15.06%).

Trading activity surged with 2,123,118 shares valued at GH¢3,3380,290 changing hands from 975,743 shares valued at GH¢1,580,310 last week. GCB Bank Limited (GCB) dominated trades by both volume and value, accounting for 20.03% of total volume traded and 55.52% of total value traded.

We expect activity levels to pick up as investors take advantage of bargain stocks.