The stock market ended the last trading session of the week in red as major indices went down again. The GSE-Composite Index recorded back-to-back losses following negative changes in CAL and TOTAL. The index dropped 0.51 points to close the week at 1,039.94 points, bring the year-to-date return to 7.32%. The financial stock benchmark dropped more points and recorded a second successive loss, down 1.43 points from 873.22 points to 871.79 points.
The trade value recorded today was GHS0.15 million, a 31.70% increment over the previous session’s, as 0.50 million shares traded. Trading was dominated by Mechanical Lloyd Company (MLC) with 72.43% of the trade volume and 31.66% of the value traded.
Fan Milk (FML) and Mechanical Lloyd Company (MLC) closed at new year-highs of GHS2.75 and GHS0.13 respectively. Losers included CAL Bank and TOTAL.
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| COURTESY: CBL RESEARCH |
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