Market Summary

The benchmark index moderated by 7.29 points (-0.31%) due to downward price movement in five counters in the banking and petroleum marketing sectors to close at 2,337.03 with a -9.14% year-to-date return while market capitalization declined by 0.47% to settle at GH¢58.35 billion.

The manufacturing index recorded no gains or losses at the session, closing at the previous level of 4,594.34 with a -1.27% year-to-date return. The GSE Financial Index moderated by 11.73 points (-0.58%) to close at 2,012.45 with a -6.56% year-to-date return.

Trading activity weakened with 28,095 shares valued at GH¢25,221.96 changing hands from 132,607 shares valued at GH¢246,890 at the previous session. GCB Bank Limited (GCB) dominated trades by value, accounting for 67.24% of total value traded while Ecobank Transnational Incorporated (ETI) accounted for 66.20% of total volume 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