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The benchmark index climbed marginally by 1.24 points (+0.04%) ending a streak of losses in two consecutive sessions on the back of gains in GOIL (+1.27%) to close at 2,931.23, translating to a 13.63% year-to-date return. Market capitalization increased by 0.01% to settle at GH¢61.92 billion.
Losses in GCB (-0.39%) and CAL (-0.79%) dragged the benchmark index by 2.40 points (-0.09%) to close at a five month low of 2,647.93, translating to a 14.60% year-to-date return. The manufacturing index recorded no gains or losses for the third straight session, closing with a year-to-date return of 2.00%
Trading activity surged with 272,365 shares valued at GH¢978,444.80 changing hands from 107,581 shares valued at GH¢72,226.84 in the previous session. This represents a 153.17% increase in total volume traded and a 1,254.68% increase in total value traded. GOIL dominated trades by volume, accounting for 37.00% of total volume traded while GCB accounted for 50.27% of total value traded.
Market sentiment remained bearish with the aggregate bid/ask ratio closing at 0.1:1 from 0.4:1 in the previous session. We expect continuous downward price movement in banking stocks.
Gainers & Losers
Interbank Exchange Rates
Top Trades by Volume
Market Indices
Event Calendar
|
Name |
Detail |
Venue |
Time |
Date |
|
MLC |
AGM |
Conference Centre |
10:30am |
26/06/18 |
|
HORDS |
AGM |
Coconut Grove |
10:00am |
26/06/18 |
|
PBC |
AGM |
Ebenezer Hall |
10:00am |
25/07/18 |
