Market Performance

Market Indices Trend

Top Trades by Volume

Top Trades by Value

Gainers & Losers

The benchmark index shed 64.58 points (-2.70%) last week to close at 2,330.24 with a -9.41% year-to-date return due to losses in six counters in the banking, consumer goods and telecommunication sectors while market capitalization increased by 0.78% to settle at GH¢58.27 billion.

The GSE Financial Index declined by 51.67 points (-2.47%) to close at 2,038.32 with a -5.36% year-to-date return due to losses in Cal Bank Limited (-3.85%), Ecobank Ghana Limited (-11.07%) and Societe Generale Ghana (-4.00%).

The manufacturing index moderated by 13.81 points (-0.34%) due to downward price movement in Fan Milk Ghana Limited (-1.40%) and Benso Oil Palm Plantation (-2.86%) to close at 4,010.32 with a -13.82% year-to-date return.

Trading activity weakened as 1,006,177 shares valued at GH¢731,051 exchanged hands compared to 4,758,799 shares valued at GH¢5,264,728 last week. Scancom PLC (MTN Ghana) dominated trades by volume, accounting for 24.93% of total volume traded while Ecobank Ghana Limited accounted for 27.80% total value traded.

We expect activity levels to pick up as investors take advantage of bargain stocks.