Business

News

Sports

Entertainment

GhanaWeb TV

Africa

Opinions

Country

MTN Ghana dominates trading activity, lowers benchmark index on stock market

Gse MTN Ghana dominated trades by both volumes and value

Wed, 19 May 2021 Source: SAS Ghana

Market Summary

The GSE Composite Index declined by 11.75 points (-0.46%) due to MTN Ghana (-0.88%) to close at 2,566.88 with a year-to-date return of 32.21% while the market capitalization eased to GH¢60.86 billion.

The GSE Financial Index recorded no gains or losses, closing at yesterday’s level of 1,895.25 with a year-to-date return of 6.31% while the SAS Manufacturing Index stayed at 1,431.10 with a year-to-date return of -15.88%.

Trading Activity weakened as 839,149 shares valued at GH¢1,052,511 changed hands from 2,040,993 shares valued at GH¢9,169,180 in the previous session.

MTN Ghana dominated trades by both volumes and value, accounting for 94.63% of the total volumes traded and 85.22% of the total value traded.

We anticipate activity levels to increase.

Source: SAS Ghana
Related Articles: