The benchmark index moderated by 1.65 points (-0.08%) to open the week at 2,149.86 with a -16.42% year-to-date return due to losses in two oil marketing and banking stocks while market capitalization shed 0.03% to settle at GH¢55.69 billion.
CAL Bank (-2.44%) dragged the GSE Financial Index by 2.27 points (-0.13%) to close at 1,806.81 with a year-to-date return of -16.11%.
The other laggard, GOIL (GH¢1.68), hit its year low at the end of the session.
The SAS Manufacturing Index remained unchanged for the twenty-seventh session, closing at 3,623.32 points with a year-to-date return of -22.13%.
Trading activity weakened as 121,884 shares valued at GH¢136,477 changed hands compared with 1,020,201 shares valued at GH¢1,973,157 at the previous session. GOIL dominated trades, accounting for 47.78% of total volume traded and 71.63% of the total value traded.
We expect activity levels to increase at the next session.
Change of Registrars
GOIL Company Limited (GSE: GOIL)
GOIL has announced that the Company has changed its Registrars from UMB Registrars to National Trust Holding Company (NTHC) with effect from 20th November 2019.
Extraordinary General Meeting
CAL Bank Limited (GSE: CAL)
CAL has announced that the Company will hold an Extraordinary General Meeting on Thursday, 5 December 2019 at the Main Auditorium, 8th Floor, Cal Bank Head Office, 23 Independence Avenue, Accra at 10am.
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