Ghana stocks in marginal gain

Marginal gains in the share prices of Ghana Commercial Bank (GCB) and Guinness Ghana Breweries Limited (GGBL) on Monday maintained the steady momentum of the Ghana Stock Exchange (GSE) this year.

The GSE All-Share Index opened the week up by 4.34 points at 5,643.71 points from Friday’s close of 5,639.37 points.

Change for the year is 1.28 per cent.

On the broader market, there were three price movements, two up and one down.

Ghana Commercial Bank was GH¢0.01 better at GH¢0.80 while GGBL was also GH¢0.01 better at GH¢1.35. Mechanical Lloyd Ghana Limited lost GH¢0.02 at GH¢0.18.

Traded volumes opened the week at 3,693,092 shares with Ecobank Transnational Inc. selling 3,308,400 shares. This is up from Friday’s close of 719,604 shares.

Market capitalisation closed the session up at GH¢16,000.07 million from GH¢15,996.77 million on Friday.

Source: GNA