Stock Market kicks off New Year flat

Stay Home. Stay Safe. Save Lives.

There were no gainers or losers at the session as the benchmark index closed flat to start the new year at 2,257.15 with a 0.00% year-to-date return while market capitalization stayed at GH¢56.79 billion.

Consequently, sector indices remained unchanged. The GSE Financial Index closed at 2,019.65 with a year-to-date return of 0.00% while the SAS Manufacturing Index took its successive changeless run to three sessions, closing at 3,481.52 with a 0.00% year-to-date return.

Trading activity waned as 71,345 shares valued at GH¢14,769 changed hands compared to 16,625,829 shares valued at GH¢12,214,426 at the previous session.

SIC Insurance dominated trades by volume and value, accounting for 86.62% of total volume traded and 33.47% of the total value traded.

We expect trading activity to increase as the holiday season ends.

Source: SAS Ghana

Leave a Reply