Ghana Stock Exchange Index falls on ETI, UT Bank Loss
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, fell 7.77 points on Tuesday to close at 970.71 from 978.48 points.
The year-to-date now stands at 0.17 per cent.
The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also dipped 11.52 points to 865.66 points with a year-to-date change of 0.30 percent.
There were four price changes – equally shared between the gainers and the laggards.
Ecobank Transnational Incorporated shed GH¢0.01 to GH¢0.10 and UT Bank fell GH¢0.02 to GH¢0.30.
Bucking the trend are SG-SSB, which gained GH¢0.01 to GH¢0.46 and AngloGold Ashanti Depository Shares up GH¢0.01 to GH¢0.51.
Market Capitalization is at GH¢47,374.31 million.
A total of 641,932 shares changed hands, valued at GH¢791,241.26.
Source: GNA
ETI is the most useless investmement i have ever. I bought a share for .45p in 2008 and after 3 years the market price has fallen about 75% and the directors of the company seem not to care. It shows that they incompetent to manage the organization.
I THINK THE MANAGEMENT OF ETI SHOULD NOT BE PAID, UNTIL THINGS GET BETTER.