Market Summary
The benchmark index closed today’s session flat at 2,342.14 with a year-to-date return of 20.63% while the market capitalization stayed at GH¢58.51 billion.
The GSE Financial Index remained unchanged for two consecutive sessions to close at 1,864.04 with a 4.56% year-to-date return.
The SAS Manufacturing Index recorded no gains or losses, closing at 1,312.63 with a year-to-date return of -22.85%.
Trading activity waned as 282,718 shares valued at GH¢421,149 changed hands from 2,100,323 shares valued at GH¢7,310,288 in the previous session. MTN Ghana dominated trades by volumes, accounting for 68.83% of the total volumes traded while Unilever Ghana dominated trades by value, accounting for 46.47% of the total value traded.
We anticipate activity levels to surge.
Company in Focus
HORDS Limited (GSE: HORDS)
Harold Otabil Research & Developments (HORDS) Limited is an agro-processing company involved in research and development of agricultural products and the production and sales of food and household products in Ghana.
HORDS adds value to various agricultural products such as cocoa, soya, and herbs and other non-food products to produce a range of food supplements, breakfast cereals, detergents, disinfectants and laundry starch.
Its distribution footprint spreads across West Africa and the European sub-regions.
HORDS, listed on the Ghana Stock Exchange (GSE), is currently trading at a price of GH¢0.10 per share.