The benchmark index moderated by 4.52 points (-0.21%) to close at 2,167.74 with a -15.72% year-to-date return due to declines in two counters in the banking and insurance sectors, CAL Bank Limited (-2.44%) and Enterprise Group Limited (-10.53%). Market capitalization tumbled by 0.08% to settle at GH¢ 55.71 billion.
The GSE Financial Index was down 8.41 points (-0.46%) to close at 1,835.75 with a -14.76% YTD return while the SAS Manufacturing Index recorded no gains or losses to close at yesterday’s level of 3,623.32 with a year-to-date return of -22.13%.
Trading activity surged as 541,003 shares valued at GH¢914,061.90 changed hands compared to 33,884 shares valued at GH¢27,468 in the previous session. Enterprise Group Limited dominated trading activity, accounting for 97.51% of total volume traded and 98.12% of total value traded.
We expect trading activity to pick up as earnings season nears.
Annual General Meeting (AGM)
Guinness Ghana Breweries Limited (GSE: GGBL)
GGBL has announced that the Company’s 47th Annual General Meeting will be held on Wednesday, 13th November 2019 at the Golden Bean Hotel, Kumasi at 11.00 am.
Preference Share Dividend
Standard Chartered Bank Limited (Pref.) (GSE: SCBPREF)
SCB has announced a dividend of GH¢0.0470 (dividend rate of 18.1455%) per preference share in respect of the dividend payment for March 2020.
Appointment of Non-Executive Directors
Societe Generale Ghana Limited (GSE: SOGEGH)
SOGEGH has announced the appointment of Messrs. Arnaud De Gaudemaris and George King Tongamou Wega as Non-Executive Directors of the bank.
Gainers & Losers
The benchmark index moderated by 4.52 points (-0.21%) to close at 2,167.74 with a -15.72% year-to-date return due to declines in two counters in the banking and insurance sectors, CAL Bank Limited (-2.44%) and Enterprise Group Limited (-10.53%). Market capitalization tumbled by 0.08% to settle at GH¢ 55.71 billion.
The GSE Financial Index was down 8.41 points (-0.46%) to close at 1,835.75 with a -14.76% YTD return while the SAS Manufacturing Index recorded no gains or losses to close at yesterday’s level of 3,623.32 with a year-to-date return of -22.13%.
Trading activity surged as 541,003 shares valued at GH¢914,061.90 changed hands compared to 33,884 shares valued at GH¢27,468 in the previous session. Enterprise Group Limited dominated trading activity, accounting for 97.51% of total volume traded and 98.12% of total value traded.
We expect trading activity to pick up as earnings season nears.
Annual General Meeting (AGM)
Guinness Ghana Breweries Limited (GSE: GGBL)
GGBL has announced that the Company’s 47th Annual General Meeting will be held on Wednesday, 13th November 2019 at the Golden Bean Hotel, Kumasi at 11.00 am.
Preference Share Dividend
Standard Chartered Bank Limited (Pref.) (GSE: SCBPREF)
SCB has announced a dividend of GH¢0.0470 (dividend rate of 18.1455%) per preference share in respect of the dividend payment for March 2020.
Appointment of Non-Executive Directors
Societe Generale Ghana Limited (GSE: SOGEGH)
SOGEGH has announced the appointment of Messrs. Arnaud De Gaudemaris and George King Tongamou Wega as Non-Executive Directors of the bank
Gainers & Losers
Market Indices
Top Trades by Volume