News

Sports

Business

Entertainment

GhanaWeb TV

Africa

Opinions

Country

Ecobank Ghana edges Financial Index upward while MTN Ghana moderates

GHANA STOCK EXCHANGE UA total of 6,521,323 shares valued at GH

Mon, 2 Nov 2020 Source: SAS Ghana

Market Summary

The benchmark index moderated by 5.58 points (-0.30%) to close the week at 1,837.27 with a -18.60% year-to-date return due to MTN Ghana (-1.61%) while the market capitalization inched down by 0.29% to settle at GH¢53.12 billion.

Meanwhile, Ecobank Ghana (+3.64%) edged the GSE Financial Index up by 11.20 points (+0.68%) to close at 1,651.24 with a -18.24% year-to-date return while the SAS Manufacturing Index stayed flat, closing at 1,836.46 with a year-to-date return of -47.25%.

A total of 6,521,323 shares valued at GH¢5,468,209 changed hands from 6,654,599 shares valued GH¢24,752,700 last week.

MTN Ghana dominated trades by volume and value, accounting for 79.74% of the total volume traded and 58.01% of the total value traded.

We expect trading activity to pick up as investors take advantage of bargain stocks.

Source: SAS Ghana