Gains in Aluworks Limited (+10.00%) and MTN Ghana (+0.60%) drove the benchmark index upward by 23.81 points (+1.24%) to close at 1,946.08 with a year-to-date return of -13.78% while the market capitalization increased by 0.46% to close at 53.60 billion.
The GSE Financial Index closed flat at 1,788.48 with a -11.45% year-to-date return.
Aluworks Limited inched the SAS Manufacturing Index up by 1.86 points (+0.07%) to close at 2,658.25 with a year-to-date return of -23.65% in spite of a downward price movement in Fan Milk (-0.48%).
Trading activity weakened as 62,267 shares valued at GH¢55,311 changed hands from 537,987 shares valued at GH¢1,930,048 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 65.52%s of the total volume traded and 44.26% of the total value traded.
We expect activity levels to increase in the next session.
Enterprise Group Limited - (GSE: EGL)
EGL has announced that the Company's Directors will be recommending to the shareholders at the upcoming Virtual Annual General Meeting, the payment of a final dividend of GH¢0.054 per share for the 2019 financial year. The final dividend if approved will be paid on Thursday, 6th August 2020.