The benchmark index closed the session flat at 1,967.24 with a 1.32% year-to-date return while the market capitalization was unchanged at GH¢54.70 billion.
The GSE Financial Index recorded no gains or losses, closing at 1,795.32 with a year-to-date return of 0.70% while the SAS Manufacturing Index stayed at 1,619.23 with a year-to-date return of -4.83%.
Trading activity waned as 69,813 shares valued at GH¢58,558 changed hands from 110,076 shares valued at GH¢134,727 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 82.87% of the total volume traded and 65.21% 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.