Ghana stocks recover

There was a remarkable resurgence during Tuesday’s trading on the Accra bourse, which saw the Ghana Stock Exchange (GSE) All-Share Index, the main market indicator; going up by 108.43 points from 6,548.39 points to 6,656.82 points.

The Change Year to Date also rose to 19.46 compared to 17.52 recorded during the previous trading session.

Traded volume closed the session at 330,239 shares valued at GH¢291,801.32. Of the 18 equities that sold shares, Ghana Oil Company Limited (GOIL) led the pack with 97,700 of its shares valued at GH¢24,993.00 followed by Ecobank Transnational Incorporated (ETI), which had 61,100 of its shares valued at GH¢9,165.00 changing hands.

On the broader market, there were nine price changes, six positives and three negatives. Total Petroleum Ghana Limited (TOTAL) led the gainers with a share price increase of GH¢0.15 to close GH¢8.45; Fan Milk Limited (FML) went up by GH¢0.09 to close at GH¢8.60; GOIL went up by GH¢0.03 to close at GH¢0.27 while ETI; Guinness Ghana Breweries Limited (GGBL) and Standard Chartered Bank Ghana Limited (SCB) appreciated by GH¢0.01 each to close at GH¢0.15; GH¢1.56 and GH¢43.06 in that order.

Ecobank Ghana Limited (EBG) lost GH¢0.05 to close at GH¢2.95; AngloGold Ashanti Depository Shares lost GH¢0.02 to close at GH¢0.40 and Cal Bank Limited (CAL) depreciated by GH¢0.01 to close at GH¢0.29.

Market Capitalisation closed the session at GH¢18,523.54 million from 17.48 million issued shares.

Source: GNA

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