The benchmark index rebounded at today’s session on the back of gains in MTN Ghana (+1.82%) to close 5.11 points (+0.26%) higher at 1,946.14 with a year-to-date return of -13.78% while the market capitalization increased by 0.10% at 53.59 billion.
The GSE Financial Index remained unchanged at 1,843.10 with a -8.74% year-to-date return while Fan Milk (-14.79%) dragged the SAS Manufacturing Index downward by 88.97 points (-2.99%) to close at 2,980.13 with a year-to-date return of -16.96%.
Trading activity jumped as 7,302,297 shares valued at GH¢4,096,540 changed hands from 1,946 shares valued at GH¢3,588 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 99.91% of the total volume traded and 99.74% of the total value traded.
We expect trading activity to pick up as investors take advantage of bargain stocks.
CAL Bank Limited - (GSE: CAL)
CAL has announced a final dividend of GH¢0.089 per share in respect of its financial year ended December 31, 2019. This is subject to shareholders’ approval at the bank’s Virtual Annual General Meeting that will be held at 10:00 am on Wednesday, 24 June 2020. The final dividend for 2018 was GH¢0.048 per share.
Notification of Resignation of Managing Director
Intravenous Infusions PLC - (GSE: IIL)
IIL has announced the resignation of Mr. David Klutse as the Managing Director of the company effective 15th May 2020. The company also announces the appointment of Mr. Moukhtar Soalihu the Head of Finance as the Acting Managing Director.
Announcement on Appointment of Director
Unilever Ghana Limited (GSE: UNIL)
UNIL has announced the appointment of Mr. Priyadharshana Ekanayake as the Finance Director of the company effective June 1, 2020.
Gainers & Losers
Top Trades by Volume
Top Trades by Value