14-day winning streak halted on GSE as 2 becomes greater than 5

Upward price movement in five stocks failed to hold off losses in two stocks as the stock market’s 14-day winning streak was halted. The GSE Composite Index was down 30.85 points to 1,794.74 from a record high of 1,825.59. The year-to-date return on the bourse fell to 6.26%. The GSE-Financial Stock Index slipped 40.79 points to close at 1,684.33.
Trade volume and value increased by 24.37% and 23.77%, compared with the previous session. The volume traded was 0.14million, and the corresponding value, GHS0.14 million. UTB recorded the highest volume of trade, with 42.10% of the today’s volume whiles TOTAL trades accounted for 38.34% of the total value traded.
There were five gainers, BOPP, GCB, SOGEGH, TOTAL and UNIL, and two losers, GOIL and SCB. – CBL

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