The market gained 0.06% today on the back of gains in two counters in the petroleum marketing and banking sectors to close at 2,498.24 with a -2.88% year-to-date return while market capitalization increased by 0.02% to settle at GH¢60.19 billion.
Societe Generale (+1.08%) increased by a pesewa to close at GH¢0.94, pushing the GSE Financial Index up by 0.34 points (+0.02%) to close at 2,120.71 with a -1.53% year-to-date return. The manufacturing index declined by 6.70 points (-0.14%) following a decline in Unilever Ghana Limited (UNIL) to close at 4,639.33 with a -0.30% YTD return.
Trading activity strengthened with 158,432 shares valued at GH¢477,868.73 changing hands from 42,339 shares valued at GH¢72,226.97 recorded at the previous session. Ecobank Transnational Incorporation (ETI) dominated trades by volume, accounting for 56.49% of total volume traded while Standard Chartered Bank (SCB) accounted for 63.89% 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