The benchmark index advanced by 5.61 points (+0.22%) on the back of gains in one banking stock to close at 2,503.85 with a -2.66% year-to-date return while market capitalization increased by 0.09% to settle at GH¢60.25 billion.
Ecobank Ghana Holdings (+3.88%) increased by GH¢0.28 to close at GH¢7.49, pushing the GSE Financial Index up by 10.74 points (+0.50%) to close at 2,131.45 with a -1.03% year-to-date return. Manufacturing stocks recorded no gains or losses at the session. Consequently, the SAS-MI closed at 4,639.33 with a -0.30% YTD return.
Trading activity continued to strengthen with 328,225 shares valued at GH¢1,026,091.26 changing hands from 158,432 shares valued at GH¢477,868.73 recorded at the previous session. Guinness Ghana Breweries Limited (GGBL) dominated trades by both volume and value, accounting for 76.17% of total volume traded and 53.11% 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