The benchmark index advanced by 110.88 points (+4.33%) as a result of gains in four stocks to begin the holiday-shortened week at 2,672.83 with a year-to-date return of 37.64%. The market capitalization was up 1.87% to settle at GH¢61.96 billion.
The GSE Financial Index increased by 4.63 points (+0.25%) due to price appreciation in Societe Generale (+3.70%) and Standard Chartered (+0.22%) to close at 1,881.70 with a year-to-date return of 5.55%.
The SAS Manufacturing Index rose 47.10 points (+3.58%) on the back of Guiness Ghana (+9.09%) to close at 1,363.28 with a year-to-date return of -19.87%.
Trading activity surged as 4,065,539 shares valued at GH¢5,251,026 changed hands from 604,975 shares valued at GH¢894,538 in the previous session. MTN Ghana dominated trades by both volumes and value, accounting for 96.03% of the total volumes traded and 91.77% of the total value traded.
We anticipate activity levels to increase.
GCB Bank PLC (GSE: GCB)
GCB has announced that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.25 per share for the 2020 financial year.
The payment date is slated for Friday, June 18, 2021.