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Major sector indices stay flat while CAL dominates trading activity

GSE Changes Trading Rules The GSE Financial Index recorded no gains or losses, closing at 1,706.66

Fri, 10 Jul 2020 Source: SAS Ghana

MTN Ghana (-1.72%), the sole decliner at the session, moderated the benchmark index by 11.84 points (-0.63%) to close at 1,865.69 with a year-to-date return of -17.34% while the market capitalization decreased by 0.23% to settle at 52.60 billion.

The GSE Financial Index recorded no gains or losses, closing at 1,706.66 with a -15.50% year-to-date return while the SAS Manufacturing Index remained unchanged at 2,599.53 with a year-to-date return of -25.33%.

Trading activity strengthened as 85,632 shares valued at GH¢53,668 changed hands from 18,815 shares valued at GH¢18,954 in the previous session.

CAL Bank dominated trades by volume and value, accounting for 58.39% of the total volume traded and 60.56% of the total value traded.

We expect activity levels to increase as investors take advantage of bargain stocks.

Source: SAS Ghana