Market Summary
The GSE Composite Index recorded no gains or losses at the session, closing at 1,827.35 with a -19.04% year-to-date return while the market capitalization stayed at GH¢53.01 billion.
The GSE Financial Index was flat at yesterday’s level of 1,633.22 with a -18.13% year-to-date return while the SAS Manufacturing Index remained unchanged at 1,836.46 with a year-to-date return of -47.25%.
A total of 414,268 shares valued at GH¢5,103,452 changed hands from 2,120,466 shares valued at GH¢4,419,579 in the previous session. Standard Chartered dominated trades by volume and value, accounting for 72.83% of the total volume traded and 89.27% of the total value traded.
We expect activity levels to pick up while investors await more third-quarter earnings results.
De-Listing from The Ghana Stock Exchange
PZ Cussons Ghana Limited (GSE: PZC)
Following the end of the tender offer and successful settlement of all tendering shareholders, PZ Cussons Ghana Limited has announced the Company’s de-listing from the Ghana Stock Exchange (GSE), effective 19th October, 2020.
The offer results and de-listing have been approved by the GSE.