The benchmark index extended gains to the second consecutive session, up 8.11 points (+0.31%) on the back of price appreciation in four counters in the banking and petroleum marketing sectors. Consequently, the GSE-CI closed at 2,575.99 with a 0.15% year-to-date return while market capitalisation declined by 0.19% to settle at GH¢60.97 billion.
Access Bank Ghana (+14.90%), Societe Generale (+1.22%) and Standard Chartered Bank (+1.80%) pushed the financial index up by 14.76 points (+0.68%) to close at 2,161.61 with a 0.37% year-to-date return. Manufacturing stocks however recorded no changes for the second straight session, closing at yesterday’s level of 4,652.85 with a -0.01% YTD return.
Trading activity strengthened with 1,305,604 shares valued at GH¢1,247,365.57 changing hands from 182,882 shares valued at GH¢242,971.69 recorded at the previous session. Cal Bank Limited (CAL) dominated trades by both volume and value, accounting for 93.03% of total volume traded and 96.40% of total value traded.
We expect trading activity to increase ahead of 2018 full year earnings results.
September Earnings Season - Highlights
Gainers & Losers
Top Trades by Volume