Market Summary
CAL Bank (+2.86%) extended the benchmark index’ positive run to two sessions, up 1.2 points (+0.06%) to close at 2,025.33 with a 4.31% year-to-date return while the market capitalization inched up by 0.02% to settle at GH¢55.31 billion.
Accordingly, the GSE Financial Index edged up by 2.18 points (+0.12%) to close at 1,858.19 with a year-to-date return of 4.23% while the SAS Manufacturing Index remained flat at 1,619.23 with a year-to-date return of -4.83%.
Trading activity surged as 1,275,653 shares valued at GH¢864,948 changed hands from 70,203 shares valued at GH¢67,950 in the previous session. MTN Ghana dominated trades by volume and value, accounting for 98.76% of the total volume traded and 99.04% 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.