Two banking and one telecom counters drove the benchmark index 15.72 points (+0.80%) higher to close the session at 1,982.96 with a 2.13% year-to-date return. The market capitalization increased by 0.30% to settle at GH¢54.87 billion.
The GSE Financial Index advanced by 7.22 points (+0.40%) to close at 1,802.54 with a year-to-date return of 1.11% on the back of Societe Generale (+5.88%) and GCB Bank (+1.23%).
Meanwhile, the SAS Manufacturing Index remained unchanged at 1,619.23 with a year-to-date return of -4.83%.
MTN Ghana (+1.52%) completed the advancers’ chart today.
Trading activity strengthened as 2,323,768 shares valued at GH¢1,615,183 changed hands from 69,813 shares valued at GH¢58,558 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 99.00% of the total volume traded and 95.42% of the total value traded.
We anticipate activity levels to increase.
Anglogold Ashanti Completes Sale of Entire Interests in the Sadiola Mine
AngloGold Ashanti Limited (GSE: AGA)
AngloGold Ashanti Limited (AGA) is pleased to announce, together with its joint venture partner IAMGOLD Corporation (IMG), the complete sale of their entire interests in Société d’Exploitation des Mines d’Or de Sadiola S.A. (“SEMOS”) to Allied Gold Corp (the “Transaction”). SEMOS’ principal asset is the Sadiola Mine located in the Kayes region of Western Mali.
Prior to the completion of the Transaction, AGA and IMG each held a 41% interest in SEMOS with the remaining 18% interest held by the Republic of Mali.
AGA is currently trading at GH¢37 per share on the Ghana Stock Exchange.