The GSE Composite Index closed today’s session flat at 1,821.83 with a -19.29% year-to-date return while market capitalization stayed at GH¢53.12 billion.
The GSE Financial Index remained unchanged at yesterday’s level of 1,623.20 with a year-to-date return of -19.63%.
The SAS Manufacturing Index recorded no gains or losses, closing at 1,836.47 with a -47.25% year-to-date return.
Trading activity bolstered as 12,241,500 shares valued at GH¢7,648,862 changed hands from 610,411 shares valued at GH¢2,135,301 in the previous session. MTN Ghana dominated trades by volume and value accounting, for 96.88% of the total volume traded and 94.58% of the total value traded.
We expect activity levels to pick up while investors await more third-quarter earnings results.
Company in Focus
Mega African Capital Limited (GSE: MAC)
MAC is an investment company that invests its capital for the mutual benefit of its members and arrange for the management of asset acquired by the company.
Mega African Capital was established as a long-term investment company for high net-worth investors seeking exposure to African opportunities with the potential to generate high real returns.
MAC is listed on the stock exchange (GSE) with a current share price of GH¢5.98.