Fri.18.05.12: Ghana Stock Exchange (GSE) Market Update.


Friday, GSE Market Update;

CAL Brokers: 
Courtesy: CAL Brokers

In the market today, the major indices, the GSE-Composite Index and the GSE-Financial Stock Index, gained some ground following price appreciation in two equities.

The GSE-Composite Index closed at 1,046.94 points from 1,041.30 points and the financial stock benchmark closed 6.99 points higher at 910.75 points. The year-to-date return on the market rose to 8.04%. 

A total of 2.00million shares, the third-highest volume this year,  were exchanged for GHS 0.92million. 
The trade volume was more than 10 times in excess of that of the previous session, and the value, 5 times more. 
Ghana Oil (GOIL) dominated trading for the second successive session, with 95.12% of the trade volume and 88.79% of the market turnover.

GOIL closed at a record high of GHS0.43, after gaining 2 pesewas. Ecobank Transnational Inc. (ETI) also gained marginally, closing at GHS 0.14 from GHS 0.13. Ecobank Ghana (EBG) and Total Petroleum (TOTAL) recorded losses. EBG, the banking giant lost GHS0.03 to close at a year-low of GHS 3.00. 

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Courtesy: Ghana Stock Exchange
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