The benchmark index moderated to 2,495.39 with a -2.99% year-to-date return while market capitalization declined by 0.01% to settle at GH¢60.16 billion.
Enterprise Group Limited (+0.47%) advanced by a pesewa on strong FY2018 results however, GCB Bank Limited (-0.73%) declined by GH¢0.03 to close at GH¢4.10, dragging the GSE Financial Index down by 1.19 points (-0.06%) to close at 2,119.46 with a -1.59% year-to-date return.
Manufacturing stocks closed flat for the third straight session as investors continued to focus on financial stocks. Consequently, the SAS Manufacturing Index closed at 4,647.26 with a -0.13% YTD return.
Trading activity weakened, with 25,582 shares valued at GH¢103,758 changing hands from 676,960 shares valued at GH¢643,000. Total Petroleum Ghana Limited (TOTAL) dominated trades by both value and volume, accounting for 62.93% of total volume traded and 66.72% of total value traded. Activity was concentrated in petroleum marketing and financial stocks.
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