The GSE Composite Index declined marginally by 0.23 points (-0.01%) to close at 1,969.02 with a 1.41%% year-to-date return due to Aluworks Limited (-9.09%) while the market capitalization eased to GH¢54.68 billion.
The GSE Financial Index recorded no gains or losses, closing at 1,789.66 with a year-to-date return of 0.39% while the SAS Manufacturing Index remained unchanged at 1,701.33 with a year-to-date return of 0.00%.
A total of 209,167 shares valued at GH¢35,743 changed hands from 47,710 shares valued at GH¢187,653 in the previous session. Aluworks Limited dominated trades by volume and value, accounting for 95.95% of the total volume traded and 58.97% of the total value traded.
We anticipate activity levels to increase.
Anglogold Ashanti Completes Sale of Entire Interests in the Sadiola Mine
AngloGold Ashanti Limited (GSE: AGA)
AngloGold Ashanti Limited (AGA) is pleased to announce, together with its joint venture partner IAMGOLD Corporation (IMG), the complete sale of their entire interests in Société d’Exploitation des Mines d’Or de Sadiola S.A. (“SEMOS”) to Allied Gold Corp (the “Transaction”). SEMOS’ principal asset is the Sadiola Mine located in the Kayes region of Western Mali.
Prior to the completion of the Transaction, AGA and IMG each held a 41% interest in SEMOS with the remaining 18% interest held by the Republic of Mali.
AGA is currently trading at GH¢37 per share on the Ghana Stock Exchange.