GSE goes down as Ecobank Ghana (EGH) declines

The major indices recorded negative return today, following a decline in EGH's stock price. The year-to-date return on the GSE-CI fell to 9.79% with the GSE-Composite Index shedding 2.61 points to close trading at 1,854.49 points. The year-to-date return on financial stocks also fell; settling at 13.21%, as the GSE-Financial Stock Index shed 4.35 points to close trading at 1,749.59.
 
The trade volume and corresponding trade value more decreased, compared to Monday's figures, as 0.15 million shares were exchanged for GHS0.27 million. CAL and GCB emerged as the most traded counters as their transactions made up for 37.99% of the total market volume and 42.62% of the total value traded respectively.
 
Two stocks recorded price changes today GOIL on the upside with a pesewa to close at GHS1.17 while EGH on the other hand, dropped GHS0.07 to close at GHS7.13.

-- CAL BROKERS LTD.
 

GSE Market Recap: CPC hits 0.02p (100% increase in price)

The stock market recorded its second sucessive win, following upward price changes in two stocks. The index climbed 7.79 points to close trading on at 1,782.91 points. The change implies a year-to-date return of -10.63%.

The GSE financial stocks index stayed flat as the market recorded no price changes in financial stocks.

The total of 2.79 million shares were exchanged for a value of GHS3.52 million. The figures recorded today compare favourably to the previous session as the trade volume and value were 18 folds and 6 folds respectively of the previous closing. GOIL led trading today with 93.88% and 99.14% of the traded volume and value respectively.

GOIL went up by GHS0.09 close to GHS1.25. CPC also gained a pesewa to close trading at GHS0.02. On the other other hand, BOPP and TOTAL recorded losses.

GSE-Composite Index lost points, following losses on ALW

The GSE-Composite Index lost 0.32 points, following losses on ALW, to close at 1,814.28 points. The year-to-date yield is -9.07%.

On the other hand, GSE financial stock index saw gains, as price appreciation in EGH drove the index to 1,726.07 points, up 0.74 points from the previous session.

The volume traded today was 0.09 million shares, a 37.74% decrease from yesterday's volume of 0.14 million. The corresponding value traded was GHS0.38 million. GCB was the dominant equity, accounting for more than 80% of both the volume and value traded in today's session.

EGH gained marginally from GHS6.87 to GHS6.88. On the other hand, ALW lost GHS0.02 to close at GHS0.12