The benchmark index closed 0.51 points (-0.02%) lower on account of a loss recorded in the insurance sector. Consequently, the GSE-CI closed at 2,666.81 with a 3.38% year-to-date return while market capitalization declined by 0.01% to settle at GH¢62.14 billion.
The financial index fell 1.10 points (-0.05%), resulting from a GH¢0.05 loss in Enterprise Group Limited (-1.94%) to close at a -3.73% year-to-date return. Standard Chartered Bank (+0.10%) was the sole gainer in the financial sector at the session. The manufacturing index however climbed 0.96 points (+0.02%) higher, bolstered by a gain in Unilever Ghana Limited (+0.06%) to close at 4,813.29 with an 18.34% year-to-date return.
Trading activity declined with 13,457 shares valued at GH¢30,662.22 changing hands from 30,554 shares valued at GH¢156,085.81 in the previous session. Starwin Products Limited (SPL) dominated trades by volume, accounting for 37.16% of total volume traded while Standard Chartered Bank (SCB) accounted for 56.00% of total value traded.
We expect the market’s performance to decline tomorrow as stocks remain net offered.
September Earnings Season - Highlights
Gainers & Losers
Top Trades by Volume