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Business News of Saturday, 7 December 2019

Source: SAS Ghana

Bullish market sentiments continue as Access Bank notches consecutive gains

Bullish sentiments continued as Access Bank (+1.85%) advanced to help the stock market Bullish sentiments continued as Access Bank (+1.85%) advanced to help the stock market

Bullish sentiments continued as Access Bank (+1.85%) advanced to help the stock market extend its winning streak to three sessions.

The GSE Composite Index rose 0.85 points (+0.04%) to close today’s session at 2,144.62 with a -16.62% year-to-date return while the GSE Financial Index climbed 1.58 points (+0.09%) to close at 1,801.27 with a -16.37% year-to-date return.

The SAS Manufacturing Index remained unchanged for the tenth straight session, closing at 3,620.84 with a -22.19% year-to-date return.

Market capitalization was up 0.02% to settle at GH¢55.63 billion.

Trading activity strengthened as 480,195 shares valued at GH¢336,540 changed hands compared to 197,305 shares valued at GH¢281,579 at the previous session. MTN Ghana dominated trades, accounting for 97.21% of total volume and 97.01% of the total value traded.

"We expect activity levels to increase at the next session," says SAS Group