Market Summary

Gains in three counters in the pharmaceutical, banking and telecom sectors pushed the benchmark index up by 18.16 points (+0.74%) to close at 2,462.32 with a -4.27% year-to-date return while market capitalization increased by 0.31% to settle at GH¢59.82 billion.

The GSE Financial Index gained 10.91 points (+0.51%) due to price appreciation in Ecobank Ghana (+3.87%) to close at 2,119.58 with a -1.59% year-to-date return.

Starwin Products Limited advanced by 50.00%, pushing the SAS Manufacturing Index up by 3.98 points (+0.09%) to close at 4,598.33 with a -1.18% year-to-date return.

Trading value strengthened with 227,520 shares valued at GH¢923,907.18 changing hands from 440,553 shares valued at GH¢224,612.59 at the previous session. MTN Ghana dominated trades by volume, accounting for 66.29% of total volume traded while Ghana Oil Company Limited accounted for 32.79% of total value traded.

We expect trading activity to increase as investors take advantage of bargain stocks.

Annual General Meetings (May 2019)

• GCB Bank Limited: 31^st May, 2019 at the Accra International Conference Centre at 10:00AM.

Facts Behind the Figures (May 2019)

• Intravenous Infusions Limited: 31^st May, 2019 at the Ghana Stock Exchange at 10:00AM.

Gainers & Losers

Market Indices

Top Trades by Volume