Market Summary
Large cap banking stocks, ETI (-5.00%) and EGH (-9.37%) dragged the benchmark index by 43.56 points (-1.49%) as the selloff in the market continues. Consequently, the GSE-CI closed with a 13.58% year-to-date return. Market capitalization declined by 0.77% to settle at GH¢61.92 billion.
The manufacturing index recorded no gains or losses for the second straight session, closing with a year-to-date return of 2.00% while the financial index shed 58.31 points (-2.20%) to close at a five month low of 2,650.33, translating to a 14.70% year-to-date return.
Trading activity declined with 107,581 shares valued at GH¢72,226.84 changing hands. SIC dominated trades by both volume and value, accounting for 95.37% of total volume traded and 55.23% of total value traded.
Market sentiment remained bearish with the aggregate bid/ask ratio closing at 0.4:1 from 0.4:1 in the previous session. We expect an increase in trading activity tomorrow.
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 |