Business News of Saturday, 6 February 2021

Source: SAS Ghana

Stock market closes flat as trading activity surges

Trading activity surged as 17,033,799 shares valued at GH Trading activity surged as 17,033,799 shares valued at GH

Market Summary

The benchmark index closed the session flat at 2,051.80 with a year-to-date return of 5.68% while the market capitalisation was unchanged at GH¢55.59 billion.

The GSE Financial Index stayed at yesterday’s level of 1,863.63 with a year-to-date return of 4.54% while the SAS Manufacturing Index remained unchanged at 1,619.23 with a year-to-date return of -4.83%.

Trading activity surged as 17,033,799 shares valued at GH¢11,931,936 changed hands from 2,011,997 shares valued at GH¢1,427,744 in the previous session.

MTN Ghana dominated trades by both volume and value, accounting for 99.99% and 99.99% of the total volumes and value traded, respectively.

We anticipate activity levels to increase.