Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
The benchmark index advanced by 34.01 points (+1.50%) this week, closing at 2,303.80 with a -10.44% year-to-date return due to gains in five counters in the banking and telecom sectors while market capitalization advanced by 0.94% to settle at GH¢57.60 billion.The GSE Financial Index climbed 21.11 points (+1.07%) due to gains in Ecobank Transnational Incorporated (+10.00%), GCB Bank Limited (+8.41%) and Access Bank Ghana (+3.10%) to close at 1,999.73 with a -7.15% year-to-date return.
Fan Milk Ghana Limited (-0.18%), Unilever Ghana Limited (-1.18%) and PZ Cussons Ghana Limited (-2.50%) dragged the SAS Manufacturing Index down by 23.49 points (-0.61%) to close at 3,829.38 with a -17.71% year-to-date return.
A total of 3,492,011,701 shares valued at GH¢352,217,316 changed hands compared to 1,853,843 shares valued at GH¢2,887,831 last week. Ecobank Transnational Incorporated dominated trading activity due to a sale of 14.1% shares from IFC to Arise B.V.
We expect activity levels to pick up as investors take advantage of bargain stocks.