Fan Milk and GOIL closed at year-highs again as Ghana Stock Exchange had no losers.

Trading results on Tuesday 7th, August 2012, as I captured in my post: ‘GOIL and FML closed at Year Highs,‘ revealed the trend of these two stocks. This trend continues as they reach new year-highs after 6 days. Yesterday, on the back of upward price changes in five equities, the GSE-Composite Index returned 0.16% today, bringing the market’s three-day losing streak to a halt.
The index closed at 1,028.35 points, up 1.62 points from 1,026.73 points. The financial stock benchmark also climbed 0.51 points to close at 865.79 points.
As indicated on the market, a total of 0.23 million shares were exchanged between 19 equities, for a sum of GHS0.29 million. The volume and value traded today declined by 60.05% and 31.18% respectively, compared to the previous session. GOIL led the market in terms of volume with 73.99% of the shares traded, while Standard Charterd Bank SCB dominated in terms of value with 43.76%.
Fan Milk and GOIL closed at year-highs of GHS2.63 and GHS0.53 respectively. Other gainers were PZC, SIC and TOTAL. No losses were recorded.

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