Market Summary
GCB Bank Limited (+3.75%) was the sole gainer at the trading session, up by GH¢0.15 to close at GH¢4.15. Consequently, the benchmark index advanced by 0.16% to close at 2,388.52 with a -7.14% year-to-date return while market capitalization increased by 0.07% to settle at GH¢58.87 billion.
The manufacturing index recorded no changes for the third straight session, closing at 4,595.31 with a -1.25% year-to-date return. The GSE Financial Index gained 7.45 points (+0.37%) to close at 2,038.77 with a -5.34% year-to-date return.
Trading activity surged with 2,005,300 shares valued at GH¢8,308,930 changing hands from 10,535 shares valued at GH¢15,651 at the previous session. GCB Bank Limited (GCB) dominated trades at the session, accounting for 99.76% of total volume traded and 99.92% of total value traded.
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