Benchmark Index rebounds as MTN Ghana picks up trading activity

The benchmark index was upbeat today, gaining 9.20 points (+0.47%) on the back of MTN Ghana (+1.72%) to close the session at 1,960.61 with a year-to-date return of -13.14%.

The market capitalization increased by 0.18% to close at 53.75 billion.

From a sector perspective, GCB Bank (-1.79%) and CAL Bank (-1.43%) moderated the GSE Financial Index by 4.89 points (-0.27%) to close at 1,825.84 with a -9.

60% year-to-date return while the SAS Manufacturing Index recorded no gains or losses, closing at yesterday’s level of 2,720.46 with a year-to-date return of -21.86%.

Trading activity surged as 1,202,849 shares valued at GH¢744,367 changed hands from 54,647 shares valued at GH¢30,687 in the previous session.

MTN Ghana dominated trades by volume and value, accounting for 94.66% of the total volume traded and 90.23% of the total value traded.

We expect activity levels to increase in the next session. Read Full Story