Ghana stocks fall

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, opened the week lower, dragged down by losses in four equities.

The index closes down 9.03 points to 1,050.35 points from 1,059.38 points at Friday’s close.

The year-to-date now stands at 5.03 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also fell 12.59 points to 1,042.01 points from 1,054.60 points with a year-to-date change of 4.20 per cent.

There were eight price changes, equally shared between the gainers and the decliners.

Standard Chartered bank gained GH¢0.07 to GH¢46.68, SG-SSB Bank was better with GH¢0.01 at GH¢0.72, Unilever Ghana added GH¢0.01 to GH¢5.88 and Fan Milk Limited was up GH¢0.01 at GH¢2.51.

On the flip side, Ghana Oil Company Limited fell GH¢0.01 to GH¢0.32 cedis, Enterprise Group Limited dropped GH¢0.01 to GH¢0.48, Ecobank Transnational Incorporated was lower GH¢0.01 to GH¢0.14 and CAL Bank dropped GH¢0.04 to GH¢0.35.

Market Capitalization closed the session down at GH¢20,291.17 million from GH¢20,397.04 million at the previous close.

A total of 193,861 shares were traded, valued at GH¢257,718.91.

Source: GNA