Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Loser
The benchmark index continued its bearish trend, down 30.89 points (-1.20%) to close at a 2,539.06. Consequently, the GSE-CI closed with a -1.58% year-to-date return while market capitalization declined by 0.86% to settle at GH¢60.80 billion. This week’s performance was due to losses in eight counters in the beverage, insurance, petroleum marketing, telecommunication and banking sectors.
The financial index was dragged by losses in six counters in the banking and insurance sectors to close at 2,130.68 with a -7.79% year-to-date return.
Fan Milk Ghana Limited (-8.26%) dragged the manufacturing index down by 2.68% to close at 4,657.11 with a -20.99% year-to-date return.
Trading activity strengthened with 2,950,248 shares valued at GH¢5,534,012 changing hands from 1,311,705 shares valued at GH¢3,075,838 in the previous session. MTN Ghana (MTNGH) dominated trades by volume, accounting for 71.69% of total volume traded while Standard Chartered Bank (SCB) accounted for 44.68% of total value traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.