Tuesday, May 22, 2012

Tues. 22.05.12: Ghana Stock Exchange: Market Update

Courtesy: CAL Brokers.

In today’s trading, the GSE-Composite Index rose 1.36 points to close at 1,039.28 points. This change brings the year-to-date return to 7.25%. The Financial Stock Index also gained 0.66 points closing at 898.65 points from 897.99 points in the previous session.
The total trade volume declined by 89.36% as 0.29 million shares were traded in 17 equities. The value traded on the exchange was GHS 0.75 million, which is 34.61% less than the previous session.
Standard Chartered Bank (SCB) trades accounted for 66.95% of the turnover, while HFC bank was dominant in terms of volume with 24.53% of the volume traded.
Ghana Oil (GOIL) and Unilever (UNIL) closed at record highs of GHS 0.45 and GHS 8.32 respectively, after gaining 2 pesewas each. Ghana Commercial Bank (GCB) and Guinness Ghana Brewery Limited (GGBL) also recorded gains. Losses were however recorded in Total Petroleum (TOTAL), Benso Oil Palm Plantation (BOPP) and Standard Chartered Bank.

Source of data: Ghana Stock Exchange & CAL Brokers.

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