Market Summary
The benchmark index shed 13.56 points (-0.74%) as a result of a downward price movement in Ecobank Ghana (-8.15%) to close at 1,813.79 with a -19.64% year-to-date return. The market capitalization decreased by 0.27% to settle at GH¢52.87 billion.

Consequently, the GSE Financial Index was down 24.63 points (-1.51%) to close at 1,608.59 with a -20.35% year-to-date return while the SAS Manufacturing Index remained unchanged at 1,836.46 with a year-to-date return of -47.25%.
Meanwhile, New Gold (+1.29%) was the sole gainer at the session at GH¢109.90.

Trading activity strengthened as 3,593,501 shares valued at GH¢18,668,962 changed hands from 414,268 shares valued at GH¢5,103,452 in the previous session. Ecobank Ghana dominated trades by volume and value, accounting for 97.47% of the total volume traded and 93.06% of the total value traded.
We expect activity levels to pick up while investors await more third-quarter earnings results.

De-Listing from The Ghana Stock Exchange
PZ Cussons Ghana Limited (GSE: PZC)
Following the end of the tender offer and successful settlement of all tendering shareholders, PZ Cussons Ghana Limited has announced the Company’s de-listing from the Ghana Stock Exchange (GSE), effective 19th October, 2020.
The offer results and de-listing have been approved by the GSE.