Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Losses in eight counters in the banking, beverage and oil marketing sectors lowered the benchmark index by 8.18 points (-0.37%) to close at 2,201.40 with a -14.42% year-to-date return while market capitalization moderated by 0.15% to settle at GH¢56.22 billion.
Enterprise Group (7.34%) and Ecobank Ghana (2.71%) traded with gains, but losses in five other financials tumbled the GSE Financial Index by 1.36 points (-0.07%) to settle at 1,879.60 with a -12.73% year-to-date return.
The manufacturing index was down by 113.87 points (-3.04%) due to downward price movement in Fan Milk (-11.59%) to close at 3,632.11 with a -21.95% year-to-date return.
This week’s trading activity weakened as a total of 16,370,622 valued at GH¢12,113,424 changed hands compared to 27,988,766 shares valued at GH¢20,153,568 last week. MTN Ghana dominated trading activity for the fifth straight week, accounting for 93.36% of total value traded and 98.69% of total volume traded.
We expect trading activity to pick up as investors demand for bargain stocks.