Hords Limited and Standard Chartered Dominate Trades by Volume and Value, Respectively

Hords Limited and Standard Chartered Dominate Trades by Volume and Value, Respectively

The GSE Composite Index moderated by 4.01 points (-0.20%) as a result of declines in two counters, closing at 1,996.79 with a -11.54% year-to-date return while the market capitalization was slightly down 0.08% to settle at GH¢54.12 billion.

Standard Chartered (-0.29%) inched the GSE Financial Index down by 7.19 points (-0.39%) to close at 1,833.96 with a year-to-date return of -9.31%.

The SAS Manufacturing Index declined marginally by 1.78 points (-0.06%) to close at 2,989.90 with a -14.12% year-to-date return due to Fan Milk (-0.29%).

Trading activity strengthened as 35,910 shares valued at GH¢9,094 changed hands from 14,300 shares valued at GH¢14,200 at the previous session. Hords Limited dominated trades by volume, accounting for 54.30% of the total volume traded while Standard Chartered dominated trades by value, accounting for 39.72% of the total value traded.

We expect trading activity to pick up as investors take advantage of bargain stocks.

Notification of Change Of Directorship

GCB Bank Limited (GSE: GCB)

GCB has announced that Mr. Samuel Amankwah, an Executive Director of the Bank is on compulsory retirement and has resigned from the Board of the Bank effective 4th May, 2020.

Gainers & Losers

Top Trades by Volume Top Trades by Value

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