Sector indices closed unchanged. The SAS Manufacturing Index recorded no gains or losses for the eighth straight session, closing at 4,601.08 with a -1.12% YTD return while the GSE Financial Index closed at yesterday’s level of 2,080.87 with a -3.38% year-to-date return.
The benchmark index recorded a marginal change of -0.39 points (-0.02%) to close at 2,411.87 with a -6.23% year-to-date return while market capitalization declined 0.01% to settle at GH¢59.31 billion.
Trading activity weakened as 653,457 shares valued at GH¢496,041 changed hands from 14,048,886 shares valued at GH¢9,845,036 at the previous session. MTN Ghana (MTNGH) dominated trades by volume and value for the second straight session, accounting for 86.62% of total volume traded and 79.86% of total value traded.
We expect trading activity to increase as investors take advantage of bargain stocks.
2018 Full Year Earnings Season - Highlights
Gainers & Losers
Market Indices
Top Trades by Volume