Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Loser
The market closed the week 45.45 points (-1.49%) lower, on the back of losses in ten counters in the telecom, banking, manufacturing, oil, and insurance sectors to close at 3,006.86 with a 16.56% year-to-date return. Market capitalization declined by 0.71% to close at GH¢66.12 billion.
Financial stocks dropped by 43.72 points (-1.67%) to close with an 11.52% year-to-date return on the back of downward price movement in Trust Bank The Gambia (-16.67%), Access Bank Ghana (-7.94%), Societe Generale (-3.85%), Enterprise Group Limited (-0.33%), and CAL Bank (-0.85%). The manufacturing index also declined by 0.89% following losses in Unilever Ghana (-0.06%) and Benso Oil Palm Plantation (-14.44%) to close with a -5.84% year-to-date return.
Total volume traded declined by over 90% to 285,150 shares while total value traded declined by 79% to GH¢916,840. Enterprise Group Limited (EGL) dominated trades by both volume and value, accounting for 35.23% of total volume traded and 33.31% of total value traded.
Company in Focus
Guinness Ghana Breweries Limited (GGBL)
GGBL has appointed Dr. Hazel Berrard Amuah, a seasoned human resource expert and author as the company’s new HR Director.
Standard Chartered Bank Ghana (SCB)
The Group CEO of Standard Chartered Bank has disclosed that SCB will launch a digital bank before the end of the year.