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GCB drives market upward

The market began the week with a solid move to the upside on the back of advancement in GCB Bank (+1.03%), closing the benchmark index (+0.06%) at 2,139.20 with a -16.83% year-to-date return while market capitalization was up 0.02% to settle at GH¢55.58 billion.

The GSE Financial Index, in consequence, advanced by 2.40 points (+0.13%) to close at 1,791.19 with a -16.83% year-to-date return.

Gunshots at Akyem Tafo GCB Bank, one injured

The SAS Manufacturing Index recorded no gains or losses, closing at 3,620.84 with a -22.19% year-to-date return.

Trading activity weakened as 30,258 shares valued at GH¢48,151 changed hands compared to 297,234 shares valued at GH¢3,339,010.84 at the previous session.

SIC Insurance dominated trades by volume, accounting for 49.57% of total volume traded while GCB Bank dominated trades by value, accounting for 90.57% of the total value traded.

We expect activity levels to increase at the next session.

GCB injects GHC100 million into energy sector

Extraordinary General Meeting

CAL Bank Limited (GSE: CAL)

CAL has announced that the Company will hold an Extraordinary General Meeting on Thursday, 5 December 2019 at the Main Auditorium, 8th Floor, Cal Bank Head Office, 23 Independence Avenue, Accra at 10am.

Source: SAS Ghana