The benchmark index advanced by 3.29 points (+0.13%) due to an upward price movement in GCB Bank (+2.63%) to close at 2,578.63 with a year-to-date return 32.81%. The market capitalization inched up by 0.06% to settle at GH¢60.98 billion.
The GSE Financial Index moved up by 5.98 points (+0.32%) to close the session at 1,895.25 with a year-to-date return of 6.31% while the SAS Manufacturing Index remained unchanged at 1,431.10 with a year-to-date return of -15.88%.
A total of 2,040,993 shares valued at GH¢9,169,180 changed hands from 4,742,593 shares valued at GH¢4,949,910 in the previous session. GCB Bank dominated trades by both volumes and value, accounting for 67.72% of the total volumes traded and 76.63% 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.