The GSE Composite Index recorded a marginal decline to close at 2,325.63 with a -9.59% YTD return due to a loss in Benso Oil Palm Plantation while market capitalization settled at GH¢58.23 billion.

The GSE Financial Index recorded no gains or losses at the session, closing at yesterday’s level of 2,035.29 with a -5.50% YTD return.

The SAS Manufacturing Index declined by 0.53 points due to a loss in Benso Oil Palm Plantation (-0.29%) to close at 3,963.63 with a -14.82% YTD return.

Trading activity weakened with 506,700 shares valued at GH¢1,135,553 changing hands compared to 309,645 shares valued at GH¢1,439,103 yesterday. GCB Bank Limited dominated trades by volume, accounting for 76.35% of total volume traded while Societe Generale Ghana Limited accounted for 58.15% of total value traded.

We expect increased activity in financial stocks due to outstanding bids at the next session.

Annual General Meetings

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 12th July 2019 at 11:00 am.

Company in Focus

Scancom PLC (MTNGH)

MTNGH has announced the appointment of Mr. Selorm Adadevoh as a director of MobileMoney Limited (the Company), a subsidiary of Scancom Plc. with effect from 21st June, 2019.

Notice is also given of the resignation of Mr. Ebenezer Asante from the board of MobileMoney Limited with effect from 22nd June, 2019.

Market Indices

Top Trades by Volume