Market Summary
Standard Chartered Bank (+0.05%) was the sole gainer at the session. The benchmark index moderated due to three counters in the banking and insurance sectors, down 4.16 points (-0.17%) to close at 2,396.18 with a -6.84% year-to-date return. Market capitalization moderated by 0.07% to settle at GH¢59.35 billion.
Sector indices were mixed. The GSE Financial Index shed 7.90 points (-0.38%) to close at 2,075.77 with a -3.62% year-to-date return while the SAS Manufacturing Index recorded no gains or losses to close at yesterday’s level of 4,600.02 with a -1.14% YTD return.
Trading activity strengthened with 244,354 shares valued at GH¢175,801 changed hands from 35,022 shares valued at GH¢60,659 at the previous session. MTN Ghana (MTNGH) dominated trades by volume and value, accounting for 86.76% of total volume traded and 83.06% 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