The number 11 is perceived by many people as ‘A LUCKY NUMBER’. In Astronomy, Apollo 11 was the first manned spacecraft to land on the Moon and in religion, the Eleven apostles of Jesus (i. e. Judas excluded) were perceived to be the blessed and righteous ones. On this special day, 11th Nov., 2011, let us take a look at what happened on the Ghana Stock Exchange to see whether the fortune of the day had an effect on trading.
A volume of 130,810 shares were traded today, which was barely half of what was traded yesterday and the GSE Composite Index (CI) dropped by -0.86 points to close at 997.42.
Meanwhile, the GSE Financial Stock Index gained 2.72 points to close at 900.31.
GSE-CI is lower than the base index of 1000 that was valued on December 31, 2010.
Six (6) stocks recorded changes in price today.
TOTAL traded 180 shares and lost 0.01p to close at GHC 21.00.
Tullow Oil (TLW) also traded 161 shares and lost 0.08p to close at GHC 31.00.
Two banking stocks, Standard Chartered Bank (SCB) and Ecobank Ghana (EBG)
closed at GHC 45.50 and GHC 3.45 by losing 0.02p and 0.05p after trading 100 and
14515 shares respectively. SIC Insurance and Benso Oil Palm Plantation (BOPP)
also gained 0.01p each to close at 0.41p and 0.86p respectively.
Today’s trading only favoured some financial stocks but not the Composite index.