Business News of Tuesday, 23 February 2021

Source: SAS Ghana

Local Bourse commences week flat while trades rebound

The GSE Financial Index recorded no gains or losses, closing at 1,873.31 The GSE Financial Index recorded no gains or losses, closing at 1,873.31

The Ghana Stock Exchange (GSE) Composite Index opened the week flat at 2,177.43 with a year-to-date return of 12.15% while the market capitalization was unchanged at GH¢56.91 billion.

The GSE Financial Index recorded no gains or losses, closing at 1,873.31 with a year-to-date return of 5.08% while the SAS Manufacturing Index remained unaffected at 1,619.23 with a year-to-date return of -4.83%.

Trading activity rebounded as 3,329,979 shares valued at GH¢2,802,839 changed hands from 28,244 shares valued at GH¢34,924 in the previous session.

MTN Ghana dominated trades by volumes and value, accounting for 52.01% of the total volumes traded and 49.44% of the total value traded.

We anticipate activity levels to increase.