• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Industry & Manufacturing 202005

Manufacturing Index Halts Changeless Streak After Fourth Session

29-May-2020
/ Industry & Manufacturing, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

The benchmark index shed 24.31 points (-1.22%) due to downward price movements in three counters, Fan Milk (-0.29%), MTN Ghana (-3.33%) and Benso Oil (-5.66%) to close at 1,975.81 with a -12.46% year-to-date return.

The market capitalization decreased by 0.47% to settle at GH¢53.90 billion.

The GSE Financial Index remained unchanged at 1,840.80 with a year-to-date return of -8.86% while the SAS Manufacturing Index moderated by 9.77 points (-0.33%) to end its changeless streak after four successive sessions at 2,980.13 with a -14.40% year-to-date return.

Trading activity jumped as 10,100,023 shares valued at GH¢5,840,219.56 changed hands from 157,769 shares valued at GH¢59,604 in the previous session.

MTN Ghana dominated trades by volume and value, accounting for 99.06% of the total volume traded and 99.36% of the total value traded.

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

Notification of Resignation of Managing Director

Intravenous Infusions PLC - (GSE: IIL)

IIL has announced the resignation of Mr. David Klutse as the Managing Director of the company effective 15th May 2020. The company also announces the appointment of Mr. Moukhtar Soalihu the Head of Finance as the Acting Managing Director.

Notification of Change of Directorship

Tullow Oil PLC (GSE: TLW)

Tullow Ghana has announced that Kweku Awotwi, Managing Director of Tullow Ghana, and Executive Vice President of Tullow Oil plc, will be retiring on 30th June. He will hand over his responsibilities to Wissam Al Monthiry who becomes Managing Director, Tullow Ghana and Cynthia Lumor, Corporate Affairs Director, over the coming weeks.

Source: SAS Ghana

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

“COVID-19 Presents Ghana With Opportunity To Increase Manufacturing Capacity” – Prez Akufo-Addo

Next Post

Kwame Sefa Kayi And Kofi Abban Unveil New Land Rover Defender 2020

 
 

More Stories

Star Beer Shines With Asanteman, Begins Production In Kumasi Again
Tesla Extends Price Cuts To U.S., Europe To Drive Demand
Tesla Suspends Production At Shanghai Plant
UPPR Ghana Ltd Wins CIMG Manufacturing Company Of The Year
Shoe Fabriek, Ghana’s Largest Manufacturer Of Safety Boots Marks 1st Anniversary
Toyota To Suspend Production At 3 Western Japan Plants As Typhoon Nears
Mohinani Group Set to Open First Bottle-To-Bottle rPET Plant in Ghana
Ghana Gas Lauded For Contribution Towards Govt’s Industrialisation Agenda
Tropical Cable Readies To Celebrate 25 Years As A Leading Electrical Cable Manufacturer
Next Post

Kwame Sefa Kayi And Kofi Abban Unveil New Land Rover Defender 2020

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Industry & Manufacturing Stories

  • Star Beer Shines With Asanteman, Begins Production In Kumasi Again

  • Tesla Extends Price Cuts To U.S., Europe To Drive Demand

  • Tesla Suspends Production At Shanghai Plant

  • UPPR Ghana Ltd Wins CIMG Manufacturing Company Of The Year

  • Shoe Fabriek, Ghana’s Largest Manufacturer Of Safety Boots Marks 1st Anniversary

  • Toyota To Suspend Production At 3 Western Japan Plants As Typhoon Nears

  • Mohinani Group Set to Open First Bottle-To-Bottle rPET Plant in Ghana

  • Ghana Gas Lauded For Contribution Towards Govt’s Industrialisation Agenda

  • Tropical Cable Readies To Celebrate 25 Years As A Leading Electrical Cable Manufacturer

  • Toyota To Cut Global Production Plan By 100,000 In June

 

 
 

Popular Videos

Kokrokoo Live On Peace 104.3 FM (20/03/2023)

Akan News @ 6am On Peace 104.3 FM (19/3/2023)

Peace Power Sports (20/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (21/03/2023)

Akan News @ Midday On Peace 104.3 FM (21/03/2023)

Kokrokoo Live On Peace 104.3 FM (22/03/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media