Wednesday, January 29, 2014

Market Recap: EBG, EGL, FML & SCB reached record highs today

The GSE-Composite Index rode on gains on five stocks to close at a record high of 2,233.43 points, 3.54 points higher than the previous session. The financial stock index also rose 4.21 points to 1,910.87 points, on the back of gains in EBG, EGL and SCB. The year-to-date return on the financial stocks went up to 6.96%. 

About 0.90 million shares valued at GHS0.13 million traded on Wednesday. The volume recorded was the second lowest for the year. Compared with the previous session, the trade volume and and its corresponding value, declined by 73.42% and 90.90% respectively. ETI  accounted for 45.57% of the trade volume while FML led the market in terms of value with 26.36% of the total trade value.

EBG, EGL, FML and SCB reached record highs today. BOPP was the other gainer. No losses were recorded today.


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