The GSE Composite Index was up 1.06 points (+0.04%) as a result of gains in three counters to close the session at 2,437.68 with a 25.55% year-to-date return. The market capitalization edged up by 0.02% to settle at GH¢59.51 billion.
Societe Generale (+1.25%) and Enterprise Group (+0.68%) moved the GSE Financial Index up by 1.53 points (+0.08%) to close at 1,865.57 with a 4.65% year-to-date return.
The SAS Manufacturing Index advanced by 3.56 points (+0.27%) on the back of Fan Milk (+1.67%) to close at 1,316.19 with a year-to-date return of -22.64%.
Trading activity waned as 159,254 shares valued at GH¢152,526 changed hands from 1,002,641 shares valued at GH¢1,438,514 in the previous session. Cal Bank dominated trades by both volumes and value, accounting for 56.58% of the total volumes traded and 49.63% 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.