The benchmark index was upbeat today, gaining 9.20 points (+0.47%) on the back of MTN Ghana (+1.72%) to close the session at 1,960.61 with a year-to-date return of -13.14%. The market capitalization increased by 0.18% to close at 53.75 billion.
From a sector perspective, GCB Bank (-1.79%) and CAL Bank (-1.43%) moderated the GSE Financial Index by 4.89 points (-0.27%) to close at 1,825.84 with a -9.60% year-to-date return while the SAS Manufacturing Index recorded no gains or losses, closing at yesterday’s level of 2,720.46 with a year-to-date return of -21.86%.
Trading activity surged as 1,202,849 shares valued at GH¢744,367 changed hands from 54,647 shares valued at GH¢30,687 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 94.66% of the total volume traded and 90.23% of the total value traded.
We expect activity levels to increase in the next session.
Annual General Meeting & Extraordinary General Meeting
Ecobank Transnational Incorporated (GSE: ETI)
ETI has announced that its Thirty Second Annual General Meeting and Extraordinary General Meeting will be held at Eko Hotels & Suites, 1415 Adetokunbo Ademola Street, Victoria Island, Lagos, Nigeria on Tuesday, 30th June 2020 at 11.00 am (Lagos time).
Notice of Virtual Annual General Meeting
CAL Bank Limited (GSE: CAL)
CAL has announced that its virtual annual general meeting will be held at 10:00 am on Wednesday, 24 June 2020 and shall be streamed live from the Head Office of CalBank Limited.
Final Dividend
CAL Bank Limited - (GSE: CAL)
CAL has announced a final dividend of GH¢0.089 per share in respect of its financial year ended December 31, 2019. This is subject to shareholders’ approval at the bank’s Virtual Annual General Meeting. The final dividend for 2018 was GH¢0.048 per share.
Gainers & Losers
https://www.businessghana.com/cms/img/news/2020-06-11-0843571.png
Top Trades by Volume
https://www.businessghana.com/cms/img/news/2020-06-11-0844002.JPG
Top Trades by Value
https://www.businessghana.com/cms/img/news/2020-06-11-0844073.JPG