Market Summary

The benchmark index moderated by 24.96 points (-1.04%) to close at 2,389.63 with a -7.10% year-to-date return due to downward price movement in three counters while market capitalization declined by 0.43% to settle at GH¢58.68 billion.

Standard Chartered Bank (+14.74%) and Ecobank Ghana Limited (+0.15%) advanced higher, pushing the financial index up by 67.88 points (+3.32%) to close at 2,046.27 with a -4.99% year-to-date return.

The manufacturing index recorded no gains or losses for the fifth consecutive session, closing at the previous level of 4,598.33 with a -1.18% year-to-date return.

Trading activity strengthened with 607,774 shares valued at GH¢510,240.83 changing hands from 50,361 shares valued at GH¢48,368.85 at the previous session. Trust Bank (The Gambia) Limited dominated trades by volume, accounting for 38.81% of total volume traded while Ecobank Ghana Limited accounted for 45.85% of total value traded.

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

Annual General Meetings (May 2019)

• Access Bank Ghana Limited: 16^th May, 2019 at the Marriott Hotel at 3:00PM.
• Ghana Oil Company Limited: 23^rd May, 2019 at the College of Physicians and Surgeons at 11:00AM.
• Unilever Ghana Company Limited: 24^th May, 2019 at the College of Physicians and Surgeons at 10:00AM.
• Camelot Ghana Limited: 29^th May, 2019 at the Christ the King Parish, King of Kings Hall at 10:00AM.
• GCB Bank Limited: 31^st May, 2019 at the Accra International Conference Centre at 10:00AM.

Gainers & Losers

Market Indices

Top Trades by Volume