The GSE Composite Index tumbled by 14.98 points (-0.68%) to close at 2,173.98 with a -15.48% year-to-date return while market capitalization slid 0.57% to settle at GH¢ 55.77 billion.
The GSE Financial Index closed 17.24 points (-0.93%) lower to end the session with a YTD return of -14.30% due to losses in ETI, SIC, CAL, SCB and EGH.
The SAS Manufacturing Index recorded no gains or losses, closing at yesterday’s level of 3,637.45 with a year-to-date return of -21.83%.
A total of 111,529 shares valued at GH¢131,739 summed up today’s trading activity as compared to 121,236 shares valued at GH¢84,608 in the previous session. GOIL dominated trading activity, accounting for 24.30% of total volume traded and 36.02% of total value traded.
We expect trading activity to pick up as earnings season nears.
Annual General Meeting (AGM)
Guinness Ghana Breweries Limited (GSE: GGBL)
GGBL has announced that the Company’s 47th Annual General Meeting will be held on Wednesday, 13th November 2019 at the Golden Bean Hotel, Kumasi at 11.00 am.
Preference Share Dividend
Standard Chartered Bank Limited (Pref.) (GSE: SCBPREF)
SCB has announced a dividend of GH¢0.0470 (dividend rate of 18.1455%) per preference share in respect of the dividend payment for March 2020.
Gainers & Losers
Top Trades by Volume