Market Summary
Trading activity increased, with 314,548 shares valued at GH¢310,051 changing hands from 201,233 shares valued at GH¢224,759 at the previous session. MTN Ghana (MTNGH) dominated trades by both volume and value, accounting for 88.57% of total volume traded and 63.27% of total value traded.
Trust Bank The Gambia (+15.00%) advanced by GH¢0.03 to close at GH¢0.23 however losses in four counters in the banking and telecom sectors dragged the benchmark index by 26.48 points (-1.09%) to close at 2,434.25 with a -5.36% year-to-date return.
The GSE Financial Index moderated by 1.29% due to negative changes in GCB Bank Limited (-0.25%), Ecobank Ghana Holdings (-0.52%) and Standard Chartered Bank (-4.72%), closing at 2,113.45 with a -1.87% year-to-date return.
The manufacturing index recorded no gains or losses, closing at 4,605.26 with a -1.03% YTD return.
We expect trading activity to increase while companies continue to release 2018 full year earnings results.
2018 Full Year Earnings Season - Highlights
Gainers & Losers
Market Indices
Top Trades by Volume