Tuesday, August 28, 2012

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
more than 80%, compared to monday's figures, as 2.34 million shares were exchanged for GHS0.55 million. Trading was dominated by MLC. The BMW distributor accounted for 79.61% of the trade volume and 33.68% of the turnover.
Ecobank Ghana, EBG gained marginally, up by a  pesewa at GHS3.11. Benso Oil Palm Plantation, BOPP and. Ecobank Transnational Inc, ETI saw their prices decline.
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