Fan Milk dominates trading for two straight sessions while stock market closes flat

Market Summary The benchmark index recorded no gains or losses, closing at 1,856.56 with a -17.75% year-to-date return while the market capitalization stayed at GH¢53.16 billion.

The GSE Financial Index remained unchanged at yesterday’s level of 1,675.63 with a -17.03% year-to-date return while the SAS Manufacturing Index closed flat at 2,028.66 with a year-to-date return of -41.77% for the eighth successive session.

Trading activity surged as 6,649,360 shares valued at GH¢6,881,509 changed hands from 371,664 shares valued at GH¢572,668 in the previous session.

Fan Milk dominated trades by volume and value for two straight sessions, accounting for 98.27% of the total volume traded and 98.75% of the total value traded.

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