The GSE Composite Index advanced by 24.35 points (+0.90%) as a result of gains in five stocks to end the week at 2,741.65 with a year-to-date return of 41.21% while the market capitalization was up by 0.64% to settle at GH¢62.65 billion.
Enterprise Group (+8.33%) and Ecobank Ghana (+4.29%) moved the GSE Financial Index up by 21.24 points (+1.12%) to close at 1,911.39 with a year-to-date return of 7.22%.
The SAS Manufacturing Index increased by 12.81 points (+0.87%) on the back of Unilever Ghana (+20.91%) despite a loss in Cocoa Processing (-33.33%) to close at 1,488.56 with a year-to-date return of -12.51%.
MTN Ghana (+0.80%) and Total Petroleum (+0.25%) completed the gainers’ chart this week.
A total of 5,787,183 shares valued at GH¢6,427,541 changed hands compared to 6,966,429 shares valued at GH¢12,211,697 last week. MTN Ghana dominated trades by volumes and value, accounting for 61.67% of the total volumes traded and 69.97% of the total value traded.
We expect trading activity to increase.