Stocks stay flat; Trading activity stalls as MTN Ghana leads

Market Summary

The benchmark index closed 26.66 points (-1.23%) lower due to downward price movements in three banking and telecom stocks to close at 2,132.72 with a -5.51% year-to-date return while market capitalization eased to GH¢55.71 billion.

The GSE Financial Index shed 5.48 points (-0.28%) to close at 1,917.44 with a year-to-date return of -5.06% as a result of CAL Bank (-3.49%) and Trust Bank (-15.00%).

The SAS Manufacturing Index remained unchanged at 3,212.19 with a -7.74% year-to-date.

SAS Ghana