Market Summary
MTN Ghana (+8.33%) and Total Petroleum (+1.56%) advanced the benchmark index by 94.48 points (+4.03%) to close at 2,436.62 with a year-to-date return of 25.50%. The market capitalization increased by 1.66% to settle at GH¢59.50 billion.

The GSE Financial Index recorded no gains or losses, closing at 1,864.04 with a year-to-date return of 4.56% while the SAS Manufacturing Index stayed flat at 1,312.63 with a year-to-date return of -22.85%.

Trading activity picked up as 1,002,641 shares valued at GH¢1,438,514 changed hands from 282,718 shares valued at GH¢421,149 in the previous session. MTN Ghana dominated trades by both volumes and value, accounting for 80.34% of the total volumes traded and 58.42% of the total value traded.
We anticipate activity levels to increase.

Company in Focus
HORDS Limited (GSE: HORDS)
Harold Otabil Research & Developments (HORDS) Limited is an agro-processing company involved in research and development of agricultural products and the production and sales of food and household products in Ghana.

HORDS adds value to various agricultural products such as cocoa, soya, and herbs and other non-food products to produce a range of food supplements, breakfast cereals, detergents, disinfectants and laundry starch.

Its distribution footprint spreads across West Africa and the European sub-regions.
HORDS, listed on the Ghana Stock Exchange (GSE), is currently trading at a price of GH¢0.10 per share.