The benchmark index was bullish today, recording upward price movement in three counters in the consumer goods, banking and petroleum marketing sectors. The 3.40 points (+0.14%) gain translates to a week high of 2,395.37 with a -6.88% year-to-date return while market capitalization increased by 0.06% to settle at GH¢59.34 billion.

Sectors indices edged higher. GCB Bank Limited (+1.01%) gained GH¢0.04 to close at GH¢4.00, pushing the financial index up by 1.67 points (+0.08%) to close at 2,051.75 with a -4.74% year-to-date return. The SAS Manufacturing Index advanced by 35.59 points (+0.77%) due to gains in Fan Milk Ghana Limited (+2.56%) to close at 4,595.31 with a -1.25% YTD return.

GCB Bank Limited (GCB) dominated trades at the session, accounting for 55.15% of total volume traded and 65.00% of total value traded. Trading activity jumped with 571,861 shares valued at GH¢1,940,932 changing hands from 166,822 shares valued at GH¢349,365 at the previous session.

We expect trading activity to increase as investors take advantage of bargain stocks.

2018 Full Year Earnings Season - Highlights

Gainers & Losers

Market Indices

Top Trades by Volume