Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Loser
Stocks closed 8.43 points (-0.33%) lower, due to losses in five counters in the banking, petroleum marketing and insurance sectors. Consequently, the GSE-CI closed at 2,573.42 with a 0.05% year-to-date return while market capitalization declined by 0.79% to settle at GH¢61.15 billion.
The financial index shed 14.45 points (-0.67%) this week to close at 2,157.90 with a 0.19% year-to-date return due to losses in Ecobank Transnational Incorporated (-11.11%), Enterprise Group Limited (-1.79%) and GCB Bank Limited (-0.22%).
The manufacturing index recorded no gains or losses this week, closing at 4,651.78 with a -0.03% year-to-date return.
Trading activity declined with 560,987 shares valued at GH¢547,534 changing hands from 1,047,650 shares valued at GH¢1,700,842 last this week. Fan Milk Ghana Limited (FML) dominated trades by value, accounting for 40.87% of total value traded while Ecobank Transnational Incorporated (ETI) accounted for 27.54% of total volume traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.