Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Market Summary
Ecobank Ghana Holdings (+3.88%), Republic Bank Ghana (+14.55%), Enterprise Group Limited (+7.14%) and Cal Bank Limited (+0.96%) and Benso Oil Palm Plantation (+0.73%) advanced this week. Consequently, the benchmark index increased by 0.57% to close at a week high of 2,454.51 with a -4.58% year-to-date return. Market capitalization declined by 0.10% to settle at GH¢59.75 billion due to ETI.
Gains in Ecobank Ghana Holdings, Republic Bank Ghana, Enterprise Group Limited and Cal Bank Limited pushed the GSE Financial Index up by 29.42 points (1.38%) to close at 2,155.29 with a 0.07% year-to-date return.
The manufacturing index moderated by 0.07% due to a loss in Guinness Ghana Breweries Limited (-0.45%) to close at 4,601.08 with a -1.12% year-to-date return.
Trading activity strengthened with 799,062 shares valued at GH¢1,426,342 changing hands from 732,561 shares valued at GH¢1,097,148 last week. MTN Ghana (MTNGH) dominated trades by volume, accounting for 31.62% of total volume traded while GCB Bank Limited (GCB) accounted for 51.32% of total value traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.