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MTN Ghana investors make capital gains

The GSE Composite Index advanced by 11.14 points (+0.51%) on the back of MTN Ghana (+1.27%) to close the week at 2,177.43 with a year-to-date return of 12.15%. The market capitalization increased by +0.2% to settle at GH¢56.91 billion.

However, Cal Bank (-1.23%) moderated the GSE Financial Index by -3.72 points (-0.06%) to close at 1,873.31 with a year-to-date return of 5.08%.

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

A total of 1,847,324 shares valued at GH¢1,725,701 changed hands from 16,027,304 shares valued at GH¢13,587,296 last week. MTN Ghana dominated trades by volumes and value, accounting for 61.12% and 51.53% of the total volumes and value traded, respectively.

We expect trading activity to surge.

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