Total Petroleum Ghana Limited (+14.67%) extended gains to the second consecutive session, up GH¢0.55 to close at GH¢4.30 on the back of positive 2018 full year earnings results. Consequently, the benchmark index gained 0.20% to close at 2,497.93 with a -2.89% year-to-date return while market capitalization increased by 0.08% to settle at GH¢60.19 billion.
Performance was bearish among sector indices. GCB Bank Limited (-0.96%) declined by GH¢0.04, dragging the GSE Financial Index down by 2.02 points (-0.10%) to close at 2,123.58 with a -1.40% year-to-date return. Manufacturing stocks also slid, due to a GH¢0.01 loss in Unilever Ghana Limited (-0.06%). The SAS-MI closed at 4,647.26 with a -0.13% YTD return.
Total value traded jumped from 164,495 shares to 164,927 shares today while total value traded declined from GH¢900,660 to GH¢1,999,098. Unilever Ghana Limited (UNIL) dominated trades by both volume and value, accounting for 53.84% of total volume traded and 78.58% of total value traded.
We expect trading activity to increase ahead of 2018 full year earnings results.
2018 Full Year Earnings Season - Highlights
Gainers & Losers
Market Indices
Top Trades by Volume