Market Performance

Market Indices Trend

Top Trades by Volume

Top Trades by Value

Gainers & Loser

Stocks closed 17.14 points (-0.67%) lower, due to losses in nine counters in the banking, petroleum marketing, telecommunications, agriculture and insurance sectors. Consequently, the GSE-CI closed at 2,556.28 with a -0.62% year-to-date return while market capitalization declined by 0.62% to settle at GH¢60.77 billion.

The financial index shed 4.09 points (-0.19%) this week to close at 2,153.81 with a 0.00% year-to-date return due to losses in Ecobank Transnational Incorporated (-6.25%), Ecobank Ghana (-0.40%), Cal Bank Limited (-1.00%), Access Bank Ghana (-14.93%)  and GCB Bank Limited (-1.96%).

Manufacturing stocks declined this week, down 0.84% to close at 4,612.89 with a -0.87% year-to-date return.

Trading activity surged with 2,123,118 shares valued at GH¢3,3380,290 changing hands from 560,987 shares valued at GH¢547,534 last week. Cal Bank Limited (CAL) dominated trades by both volume and value, accounting for 59.16% of total volume traded and 36.79% of total value traded.

We expect activity levels to pick up as investors take advantage of bargain stocks.