Market Summary

The GSE Composite Index fell by 8.52 points (-0.36%) to close at 2,389.54 with a YTD return of -7.10% while market capitalization decreased by -0.49% to settle at GH¢58.48 billion.

The GSE Financial Index moderated by 15.11 points (-0.73%) to close with a -4.61% YTD return. ETI and ACCESS were the biggest losers in the sector, falling by -8.33% and - 11.76% respectively.

The SAS Manufacturing Index affirmed its position and closed at 4,386.16 with a -5.74% YTD return.

Trading value strengthened by 118.44% as 115,544 shares valued at GH¢229,802 exchanged hands compared to 243,414 shares valued at GH¢105,201.04 at the previous session.

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

Annual General Meetings

Enterprise Group Limited (EGL)

Enterprise Group Limited will hold its annual general meeting at Advantage Place on 25^th June 2019 at 10:30 am.

Samba Foods Limited (SAMBA)

SAMBA will hold its annual general meeting on the premises of Samba Foods Limited (West Coast Dyeing Ltd. compound, Heavy Industrial Area, Tema, Ghana) on 12h July 2019 at 11:00 am.

Company in Focus

Standard Chartered Bank Ghana Limited (SCB)

SCB has announced the resignation of Mr. Felix Addo from the Company’s Board, effective 17th June 2019.

Market Indices

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