Wednesday, October 5, 2016

UT Bank remains the Driver of GSE Financial Stock Index

The GSE Composite index recovered from Tuesday's loss to close the midweek's trading at 1,773.77 points; 0.16 points higher than the previous closing. This brings the year-to-date yield to -11.09%

Price appreciatioin in UTB pushed the GSE financial stocks index to 1,682.66 points, up 1.16 points from 1,681.50 points. The year-to-date return on financials stocks is -12.82%.

0.04 million shares were exchanged for a sum GHS0.02 million. Compared to the previous, the trade volume and value declined by 94.48% and 58.00% respectively. UTB had the lion's share of the turnover, accounting for 50.42% of the traded volume. On the other hand, GCB was responsible for 58.00% of the traded value.

UTB gained GHS0.01 to close trading at GHS0.05. BOPP lost a pesewa to fall to a year-low of GHS2.42.

Courtesy: CAL Brokers Ltd.

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