The GSE Composite Index tumbled by 1.77 points (-0.08%) to to begin the week at 2,342.14 with a 20.63% year-to-date return while the market capitalization was down 0.03% to settle at GH¢58.51 billion.
The GSE Financial Index recorded no gains or losses, closing at 1,864.04 with a 4.56% year-to-date return.
Fan Milk (+4.35%) advanced at the session while Unilever Ghana (-9.77%) dragged the SAS Manufacturing Index down by 28.43 points (-2.12%) to close at 1,312.63 with a year-to-date return of -22.85%.
Trading activity surged as 2,100,323 shares valued at GH¢7,310,288 changed hands from 154,595 shares valued at GH¢173,741 in the previous session. Unilever Ghana dominated trades by volumes and value, accounting for 95.27% of the total volumes traded and 98.54% of the total value traded.
We anticipate activity levels to surge.
Company in Focus
Meridian-Marshalls Holdings (GSE: MMH)
Meridian-Marshalls Holdings is an independent non-profit making educational initiative of Meridian Pre-University (MPU).
It is affiliated to the University of Cape Coast, Ghana and Microsoft Technology Academy in the USA.
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).