Standard Chartered (+1.00%) drove the market upward, closing the benchmark index 2.49 points (+0.11%) higher at 2,241.11 with a year-to-date return of -12.87% while market capitalization inched 0.05% up to settle at GH¢56.63 billion.

Accordingly, the GSE Financial Index was up 4.64 points (+0.24%) to close at 1,973.82 with a -8.35% year-to-date return.

The manufacturing index remained unchanged at 3,513.76 with a -24.49% year-to-date return.

Trading activity waned as 108,604 shares valued at GH¢93,082 changed hands compared to 222,076 shares valued at GH¢317,763 at the previous session. Societe Generale dominated trades by volume and value, accounting for 70.63% of total volume traded and 59.53% 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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