The benchmark index held onto a gain in MTN Ghana to advance by 10.61 points (+0.47%), closing at 2,245.61 with a -12.70% year-to-date return while market capitalization increased by 0.19% to settle at GH¢57 billion.
From a sector perspective, three counters in the financial and manufacturing sectors moderated with Standard Chartered Bank Limited (GH¢17.00) and Unilever Ghana Limited (GH¢16.70) hitting their year lows.
The GSE Financial Index shed 1.38 points (-0.07%) to close at 1,922.18 with a -10.75% YTD return due to CAL Bank (-1.18%) and Standard Chartered Bank (-0.06%). The SAS Manufacturing Index declined by 9.57 points (-0.25%) to close at 3,755.76 with a -19.29% YTD return following a downward price movement in Unilever Ghana (-0.60%).
Trading activity strengthened as 18,170,507 shares valued at GH¢13,131,084 exchanged hands compared with 10,873 shares valued at GH¢16,744 recorded in the previous session. Scancom PLC (MTN Ghana) dominated trades by volume and value, accounting for 99.35% of total volume traded and 97.61% of total value traded.
We expect activity levels to increase at the next session.
Annual General Meeting (AGM)
SIC Insurance Company Limited (GSE: SIC)
SIC has announced that the Company’s 12th Annual General Meeting will be held at the College of Physicians and Surgeons, Accra on Tuesday, October 1, 2019 at 10 am.
Clydestone Ghana Limited (GSE: CLYD)
CLYD has announced that the Company’s Annual General Meeting will be held at the Osu Presby Hall, Room 1 on Thursday, September 26, 2019 at 10 am.
Gainers & Losers
Top Trades by Volume