The benchmark index was up 1.55 points (+0.08%) following an upward price movement in Ecobank Ghana (+0.67%) to close the session at 2,043.60 with a -9.46% year-to-date return while the market capitalization inched up by 0.03% to settle at GH¢54.61 billion.
Consequently, the GSE Financial Index gained 2.87 points (+0.15%) to close at 1,876.92 with a year-to-date return of -7.07% while the SAS Manufacturing Index remained unchanged at 3,192.63 with a -8.30% year-to-date return.
Trading activity jumped as 183,700 shares valued at GH¢1,375,307 changed hands from 18,782 shares valued at GH¢21,151 at the previous session. Ecobank Ghana dominated trades by volume and value, accounting for 99.67% of the total volume traded and 99.81% of the total value traded.
We expect trading activity to pick up as investors take advantage of bargain stocks.
Annual General Meeting
GCB Bank Limited (GSE: GCB)
GCB has given notice that its Annual General Meeting (AGM) scheduled for 29th May 2020 has been put on hold.
The Bank's decision to put the AGM on hold is a way of responding to the risk associated with the Covid-19 pandemic and the current state in the country.
Unilever Ghana Limited (GSE: UNIL)
UNIL has announced that its Annual General Meeting scheduled for Thursday, May 14, 2020, has been put on hold until further notice.
Their decision is in compliance with the Directive on public gatherings issued by the President of the Republic of Ghana and the Ghana Stock Exchange as a result of the COVID-19 pandemic on the 15th and 16th of March 2020 respectively.
Gainers & Losers
Top Trades by Volume
Top Trades by Value