The benchmark index closed positive, gaining 26.32 points (+1.22%) to open the week at 2,188.37 with a -14.92% year-to-date return on the back of upward price movements in Standard Chartered (+14.29%) and Total Petroleum (+0.32%) while market capitalization increased by 0.48% to settle at GH¢56.08 billion.
The GSE Financial Index climbed 48.79 points (+2.67%) to close at 1,878.54 with a -12.78% year-to-date return.
The SAS Manufacturing Index remained unchanged for the twelfth straight session, closing at 3,620.84 with a -22.19% year-to-date return.
Trading activity strengthened as 48,005 shares valued at GH¢122,807 changed hands compared to 46,117 shares valued at GH¢96,390 at the previous session. CAL Bank dominated trades by volume, accounting for 33.35% of total volume traded while GCB Bank dominated trades by value, accounting for 53.98% of the total value traded.
We expect activity levels to increase at the next session.
Appointment of Substantive Group Chief Executive Officer and Managing Director
GOIL Company Limited (GSE: GOIL)
GOIL has announced that the Company’s Board at its 466th Emergency Board Meeting held on Friday, 29th November, 2019 unanimously passed a resolution to appoint Mr. Kwame Osei Prempeh, the current Acting Group Chief Executive Officer and Managing Director as the substantive Group Chief Executive Officer and the Managing Director of GOIL Company Limited.
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