Market Summary
The GSE Composite Index recorded no gains or losses, closing at 2,177.43 with a year-to-date return of 12.15% while the market capitalization stayed at GH¢56.91 billion.
The GSE Financial Index was unchanged, closing at 1,873.31 with a year-to-date return of 5.08% while the SAS Manufacturing Index remained unaffected at 1,619.23 with a year-to-date return of -4.83%.
On the trading activity front, a total of 3,331,453 shares valued at GH¢2,824,897 traded, compared to 86,383 shares valued at GH¢110,405 in the previous session. MTN Ghana dominated trades by volumes, accounting for 52.57% of the total volumes traded while Guinness Ghana dominated trades by value, accounting for 50.34% of the total value traded.
We anticipate activity levels to increase.
Company in Focus
Meridian-Marshalls Holdings (GSE: MMH)
Meridian-Marshalls Holdings is an independent non-profit making educational initiative of Meridian Pre-University (MPU).
Marshalls had accreditation from the National Accreditation Board (NAB) to operate as a tertiary institution in 2012.
Marshalls currently has four Schools, namely J.S. Addo Business School (JSABS), the School of Modern Languages (SML), the School of Arts and Social Sciences (SASS) and Marshalls School of Technology (SOT).
MMH is listed on the Ghana Stock Exchange (GSE) with a current share price of GH¢0.11 (0.00% YTD).