The benchmark index rebounded at today’s session on the back of gains in two counters in the banking and agro-processing sectors. Consequently, the GSE-CI advanced by 13.37 points (0.53%) to close at 2,515.70 with a -2.20% year-to-date return while market capitalization increased by 0.22% to settle at GH¢60.37 billion.
Ecobank Ghana Limited (+6.06%) drove the financial index up by 1.01% to close at 2,123.24 with a -2.20% year-to-date return. Manufacturing stocks also closed higher, up 0.73% led by gains in Benso Oil Palm Plantation (+15.06%) to close at 4,646.99 with a -0.14% year-to-date return.
Transaction value increased with 226,279 shares valued at GH¢638,200.05 changing hands from 283,591 shares valued at GH¢478,053.67 recorded at the previous session. GCB Bank Limited (GCB) dominated trades by both volume and value, accounting for 52.68% of total volume traded and 83.86% 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