Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
The benchmark index moderated by 11.51 points (-0.49%) this week to close at 2,318.73 with a -9.85% year-to-date return due to losses in ten counters in the banking, consumer goods, beverage and insurance sectors while market capitalization declined by 0.55% to settle at GH¢57.96 billion.
Banking and insurance stocks dragged the GSE Financial Index down by 33.92 points (-1.66%) to close at 2,004.40 with a -6.93% year-to-date return due to on-going concerns about the financial sector.
The manufacturing index moderated by 89.39 points (-2.23%) due to downward price movement in Fan Milk Ghana Limited (-8.52%), Guinness Ghana Breweries Limited (-1.38%) and Benso Oil Palm Plantation (-0.29%), closing at 3,920.92 with a -15.74% year-to-date return.
Trading activity surged with 1,521,034 shares valued at GH¢5,423,178 exchanged hands compared to 1,006,177 shares valued at GH¢731,051 last week. Fan Milk Ghana Limited dominated trades, accounting for 57.43% of total volume traded and 73.85% total value traded.
We expect activity levels to pick up as investors take advantage of bargain stocks.