Ecobank Transnational gains to push Ghana stocks up

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, jumped 7.46 points to 1,035.68 points to end two days of losses up from 1,028.22 points on Wednesday bringing the year-to-date return to6.88 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also rose by 10.19 points to 899.71 points from 889.52 points with a year-to-date change of 4.24 per cent.

There were three price changes- two up and a loser.

Ecobank Transnational Incorporated gained GH¢0.01 to GH¢0.11 and Ghana Oil Company Limited rose GH¢0.01 to GH¢0.34.

The loser was State Insurance Company down GH¢0.01 to GH¢0.38.

Market Capitalization closed the session higher at GH¢50,944.23 million from GH¢50,820.05 million at the previous close on Wednesday.

A total of 291,252 shares, valued at 151,988.66 cedis compared to 257,440 shares worth 295,748.96 that changed hands on Wednesday.

Source: GNA