Ghana stocks drop substantially

The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, dropped substantially by 100.65 points from 6,676.41 points to 6,575.76 points during Thursday’s trading.

The Change Year to Date also dropped to 18.01 from 19.81 recorded the previous session.

Traded volume closed the session at 634,408 shares valued at GH¢221,923.49. Of the 16 equities that sold shares, Ecobank Transnational Incorporated (ETI) led the pack with 498,700 of its shares valued at GH¢70,615.00.

On the broader market, there were six price changes, three positives and three negatives. Unilever Ghana Limited (UNIL) led the gainers with a share price increase of GH¢0.10 to close at GH¢4.40; SG-SSB Limited (SG-SSB) went up by GH¢0.05 to close at GH¢0.66 while Standard Chartered Bank Ghana Limited (SCB) gained GH¢0.04 to close at GH¢43.10.

Ecobank Ghana Limited (EBG) lost GH¢0.05 to close at GH¢2.95 while Cal Bank Limited (CAL) and ETI lost GH¢0.01 each to close at GH¢0.28 and GH¢0.14 respectively.

Market Capitalisation closed the session at GHc18,451.84 million from 18,541.16 million issued shares.

Source: GNA