SAS Finance Group
The market began the week with a solid move to the upside on the back of advancement in GCB Bank (+1.03%), closing the benchmark index (+0.06%) at 2,139.20 with a -16.83% year-to-date return while market capitalization was up 0.02% to settle at GH¢55.58 billion.
The GSE Financial Index, in consequence, advanced by 2.40 points (+0.13%) to close at 1,791.19 with a -16.83% year-to-date return.
The SAS Manufacturing Index recorded no gains or losses, closing at 3,620.84 with a -22.19% year-to-date return.
Trading activity weakened as 30,258 shares valued at GH¢48,151 changed hands compared to 297,234 shares valued at GH¢3,339,010.84 at the previous session.
SIC Insurance dominated trades by volume, accounting for 49.57% of total volume traded while GCB Bank dominated trades by value, accounting for 90.57% of the total value traded.
We expect activity levels to increase at the next session.
Extraordinary General Meeting
CAL Bank Limited (GSE: CAL)
CAL has announced that the Company will hold an Extraordinary General Meeting on Thursday, 5 December 2019 at the Main Auditorium, 8th Floor, Cal Bank Head Office, 23 Independence Avenue, Accra at 10am.
