The benchmark index closed 9.87 points (-0.44%) lower to settle at 2,214.54 with a -13.91% year-to-date return as a result of falling prices in oil marketing and banking stocks while market capitalization slid 0.47% to settle at GH¢56.35 billion.
Three counters, Total Petroleum (GH¢2.89), Societe Generale (GH¢0.67) and Ecobank Transnational (GH¢0.09) hit their year lows.
The GSE Financial Index tumbled by 17.16 points (-0.90%), closing at 1,890.20 with a -12.24% YTD return due to Societe Generale (-1.47%), CAL Bank (-2.38%) and Ecobank Transnational (-10.00%).
The SAS Manufacturing Index recorded no gains or losses, closing at last Friday’s level of 3,745.98 with a -19.50% YTD return.
Trading activity weakened as 165,163 shares valued at GH¢246,282 changed hands compared to 793,058 shares valued at GH¢793,323 at the previous session. Enterprise Group Limited dominated trading, accounting for 75.92% of total volume traded and 86.56% 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.
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