Market Summary
The benchmark index advanced by 24.83 points (+1.24%) on the back of two banking counters to close the week at 2,027.12 with a 4.41% year-to-date return while the market capitalization increased by +0.47% to settle at GH¢55.33 billion.
Standard Chartered (+10%) and Cal Bank (+8.70%) pushed the GSE Financial Index upward by 45.11 points (+2.48%) to close at 1,861.45 with a 4.41% year-to-date return.
The SAS Manufacturing Index remained unchanged at 1,619.23 with a year-to-date return of -4.83%.
Trading activity waned as 1,745,909 shares valued at GH¢1,205,788 changed hands from 6,392,186 shares valued at GH¢9,050,159 last week. MTN Ghana dominated trades by both volume and value, accounting for 93.38% of the total volume traded and 91.94% of the total value traded.
We expect trading activity to surge.