Business News of Saturday, 5 December 2020

Source: SAS Ghana

Local Bourse closes flat while MTN leads trading activity

The GSE Financial Index recorded no gains or lossesThe GSE Financial Index recorded no gains or losses

Market Summary

The benchmark index closed today’s session flat at 1,818.68 with a -19.43% year-to-date return while the market capitalization stayed at GH¢52.09 billion.

The GSE Financial Index recorded no gains or losses, closing at 1,622.81 with a year-to-date return of -19.65% while the SAS Manufacturing Index remained flat at 1,789.37 with a -48.60% year-to-date return.

Trading activity waned as 2,522,305 shares valued at GH¢1,549,388 changed hands from 17,136,015 shares valued at GH¢10,455,838 in the previous session.

MTN Ghana dominated trades by volume and value for two straight sessions, accounting for 99.52% of the total volume traded and 98.82% of the total value traded.

We anticipate activity levels to increase.