Business News of Tuesday, 19 January 2021

Source: SAS Ghana

Financial index advances amid varying performances of major market indices

Trading activity surged as 209,167 shares valued at GHTrading activity surged as 209,167 shares valued at GH

Market Summary

The benchmark index moderated by 1.78 points (-0.09%) to close at 1,967.24 with a 1.32% year-to-date return due to ACCESS (-2.05%) and UNIL (-9.89%) while the market capitalization eased to GH¢54.70 billion.

The GSE Financial Index was upbeat as a result of gains in RBGH (+9.76%) and SOGEGH (+3.03%), increasing by 5.66 points (+0.32%) to close at 1,795.32 with a year-to-date return of 0.70

The SAS Manufacturing Index tumbled by 78.47 points (-4.62) to close at 1,619.23 with a year-to-date return of -4.83%.

Trading activity surged as 209,167 shares valued at GH¢110,076 changed hands from 31,167 shares valued at GH¢21,449 in the previous session.

MTN Ghana dominated trades by volume and value, accounting for 35.46% of the total volume traded and 65.76% of the total value traded.

We anticipate activity levels to increase.