Prime News Ghana

Stock market report for Thursday, July 22

By PrimeNewsGhana
Stock market report
Stock market report
Shares
facebook sharing button Share
twitter sharing button Tweet
email sharing button Email
sharethis sharing button Share

The GSE Composite Index stayed flat to close the session at 2,623.69 with a year-to-date return of 35.13% while the market capitalization settled at GH¢61.27 billion.

The GSE Financial Index recorded no gains or losses, closing at 1,890.61 with a year-to-date return of 6.05% while the SAS Manufacturing Index remained unchanged to close at 1,348.81 with a year-to-date return of -20.72%.

Trading Activity weakened as 44,828 shares valued at GH¢36,911 changed hands from 101,544 shares valued at GH¢462,036 in the previous session. ETI dominated trades by volumes, accounting for 50.39% of the total volumes traded while MTNGH dominated trades by value, accounting for 48.05% of the total value traded.

We anticipate activity levels to increase.

Special Resolution

Scancom PLC (MTN Ghana) (GSE: MTNGH)

Pursuant to Rule 40 (f) of the GSE Listing Rules, Scancom PLC (MTN Ghana) wishes to confirm that the following special resolution was carried at the 3rd Annual General Meeting (AGM) of Scancom PLC, held on 25th May 2021.

Special resolution by Shareholders to amend the Company's Constitution to increase the maximum number of directors from ten (10) to twelve (12).

SOURCE: SAS Research