Nimed Leaderboard

Market rallies as 4 stocks make money for investors

Successive weekly appreciations continued as the benchmark index advanced by 111.27 points (+5.41%) on the back of four counters to close the week at 2,166.29 with a year-to-date return of 11.57%. The market capitalization increased by +2.57% to settle at GH¢56.79 billion.

Cal Bank (+5.19%), GCB Bank (+2.27%) and Societe Generale (+1.39%) pushed the GSE Financial Index upward by 10.18 points (+0.55%) to close at 1,874.40 with a 5.14% year-to-date return.

The SAS Manufacturing Index remained unchanged at 1,619.23 with a year-to-date return of -4.83%.

MTN Ghana (+12.86%) completed the gainers’ chart at GH¢0.79.

A total of 16,027,304 shares valued at GH¢13,587,296 changed hands from 19,291,203 shares valued at GH¢13,551,131 last week. MTN Ghana dominated trades by volumes and value, accounting for 83.44% and 74.79% of the total volumes and value traded, respectively.

We expect trading activity to surge.

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