Four counters in the banking and telecommunications sectors advanced, pushing the benchmark index up by 18.07 points (+0.72%) to close at 2,502.17 with a -2.72% year-to-date return. Market capitalization increased by 0.64% to settle at GH¢60.43 billion.
Three stocks in the banking sector pushed the financial index up by 11.16 points (+0.52%) to close at 2,132.07 with a -1.01% year-to-date return. Manufacturing stocks recorded no gains or losses at the session, closing at 4,648.75 with a -0.10% YTD return.
Activity levels declined with 28,121 shares valued at GH¢39,892.78 changing hands from 1,372,762 shares valued at GH¢3,681,701.65 recorded at the previous session. SIC Insurance Limited (SIC) dominated trades by volume, accounting for 30.58% of total volume traded while Standard Chartered Bank (SCB) accounted for 23.69% of total value traded.
We expect trading activity to increase ahead of 2018 full year earnings results.
2018 Full Year Earnings Season - Highlights
Gainers & Losers
Market Indices
Top Trades by Volume