Mechanical Lloyd, MLC, the BMW distributor dominated trade volume by 79.61% on GSE

CBL . - Losses in two equities forced the GSE-Composite Index 7.16 points lower, closing at 1,025.18 points, from 1,032.34 points. The year-to-date return on financial stocks fell to -0.17%, as the the GSE-Financial Stock Index shed 9.11 points to close trading at 861.66 points.
The trade volume and corresponding trade value declined by

Earnings Season on the Ghana Stock Exchange: Half Year Reports

We are in the first half Earnings Season on the Ghana Stock Exchange and in my earlier post about Benso Oil Palm Plantation (BOPP), i.e. Half Year Performance of BOPP, I looked at how BOPP performed on the exchange and for the first half. Below are the various performances for some of the companies listed on GSE.

UT Bank

UT Bank Ltd (UTB), an indigenous bank, have reported an 89.23% surge in profit after tax, from GHS 4.69m in 2011 half year results to GHS8.87m for the same period in 2012.