The GSE Composite Index began the week flat, closing at 1,862.
77 with a -17.
47% year-to-date return while the market capitalization stayed at GH¢52.
Consequently, the GSE Financial Index recorded no gains or losses, closing at 1,725.
21 with a -14.
58% year-to-date return while the SAS Manufacturing Index remained unchanged at 2,581.
74 with a year-to-date return of -25.
Trading activity weakened as 79,837 shares valued at GH¢125,780 changed hands from 20,924,985 shares valued at GH¢11,717,464 in the previous session.
MTN Ghana dominated trades by volume, accounting for 51.
81% of the total volume traded while GCB Bank dominated trades by value, accounting for 69.
76% of the total value traded.
We expect activity levels to increase as investors take advantage of bargain stocks.
Total Petroleum Company Limited (GSE: TOTAL)
TOTAL has announced the payment of a final dividend of GH¢0.
0845 per share for the financial year ending December 31, 2019.
The final dividend will be paid from 30th August, 2020.