The GSE recovered from Tuesday's loss, following price appreciation on four stocks. The market returned 0.20% today as the GSE-Composite Index climbed 3.66 points to close mid-week trading at 1,835.76. Currently, the year-to-date return on the bourse is 53.02%. The year-to-date return on financial stocks rose 68bps to 55.61% as CAL and GCB drove the GSE-Financial Stock Index 7.07 points clear of the previous closing, to a record high of 1,618.17.
A turnover of 1.56 million shares resulted in a consideration of GHS2.70 million. The shares traded today was more than seven times that of the previous session. Nearly 70% of the volume traded was accounted for by CAL while EBG's total trade value of GHS1.47 million, represented 54.61% of the total value traded.
CAL and GCB leaped to record highs, closing at GHS0.80 and GHS4.50 respectively. GGBL and FML also recorded gains. Losses were recorded in SCB, SG-SSB and TOTAL.
This is a good informative business blog that describes how logically CAL Bank and GCB drove the GSE-Financial Stock Index to a record high...
ReplyDeleteLorn Austin
GCB, not surprised, but call bank? They are really exceeding expectations.
ReplyDeleteYES, CAL BANK is surprising many people. It's MD says it should be trading at Ghc 2.00
Deletewow!, that's huge!
DeleteThe year-to-date return on financial stocks rose 68bps to 55.61% as CAL and GCB drove the GSE-Financial Stock Index 7.07 points clear of the previous closing, to a record high of 1,618.17. financial planning india
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