The GSE Composite Index advanced by 7.03 points (+0.32%) on the back of three counters to close the week at 2,207.96 with a year-to-date return of 13.72%. The market capitalization decreased by 0.14% to settle at GH¢57.06 billion.
Ecobank Transnational (-12.50%) dragged the GSE Financial Index by 8.56 points (-0.46%) to close at 1,864.75 with a year-to-date return of 4.60% despite gains in Cal Bank (+3.75%) and Societe Generale (+1.37%).
The SAS Manufacturing Index remained unchanged at 1,619.23 with a year-to-date return of -4.83%.
MTN Ghana (+1.22%) completed the gainers’ at GH¢0.83.
Trading activity surged as 37,365,691 shares valued at GH¢29,990,379 changed hands from 7,337,037 shares valued at GH¢6,334,808 last week. MTN Ghana dominated trades by volumes and value, accounting for 92.95% and 96.11% of the total volumes and value traded, respectively.
We expect trading activity to surge.