Market Summary
Enterprise Group Limited (+0.90%) gained GH¢0.02 to close at GH¢2.24 due to strong FY2018 earnings. Consequently, the benchmark index increased by 0.01% to close at 2,440.18 with a -5.13% year-to-date return while market capitalization climbed 0.32% to settle at GH¢59.39 billion.
Enterprise Group Limited was the sole gainer at the session, pushing the GSE Financial Index up by 0.64 points (+0.03%) to close at 2,133.84 with a -0.92% year-to-date return.
The SAS Manufacturing Index recorded no gains or losses for the fourth straight session, closing at 4,601.08 with a -1.12% YTD return.
Trading activity surged, with 1,230,836 shares valued at GH¢2,769,638 changing hands from 124,114 shares valued at GH¢182,316 at the previous session. Ghana Oil Company Limited (GOIL) dominated trades by both volume and value, accounting for 46.27% of total volume traded and 49.92% of total value traded.
We expect trading activity to increase as companies continue to release 2018 full year earnings results.
2018 Full Year Earnings Season - Highlights
Gainers & Losers
Market Indices
Top Trades by Volume