Standard Chartered (-0.23%) closed lower, moderating the GSE Composite Index by 0.02 points to settle at 2,140.25 with a year-to-date return of -16.79% in spite of advancement in the price of GOIL (+0.60%). Market capitalization stayed at GH¢55.59 billion.
Consequently, the GSE Financial Index inched down by 0.73 points (-0.04%) to close at 1,788.79 with a -16.94% year-to-date return.
The SAS Manufacturing Index recorded no gains or losses for the sixth successive session, closing at 3,620.75 with a -22.19% year-to-date return.
Trading activity strengthened as 2,080,260 shares valued at GH¢1,497,325 changed hands compared to 1,769,995 shares valued at GH¢1,404,203 at the previous session. MTN Ghana dominated trades for the second straight session, accounting for 97.58% of total volume traded and 94.90% of the total value traded.
We expect activity levels to increase at the next session.
Appointment of Executive Vice President & Head of Sustainability
Golden Star Resource (GSE: GSR)
GSR has announced that Philipa Varris has been appointed Executive Vice President, Head of Sustainability of the Company. Philipa currently holds the role of Vice President, Corporate Responsibility with the Company and will join the executive team to be located in London, effective January 1, 2020.
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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