GSE Composite Index dips

At the close of trading, fourteen equities registered activities on the Ghana Stock Exchange on Tuesday, with three laggards as the benchmark GSE-Composite Index shed 0.4 per cent to close at 2,875.4 points.

Nordea Capital Investment Stock watch obtained by the Ghana News Agency indicates that Societe Generale lost by 6 per cent to close at GH¢1.25 per share followed by CAL Bank, which declined by 3.3 per cent to GH¢1.16 per share.

According to Nordea Capital Stock watch, Unilever Ghana Limited shed 0.2 per cent to close at GH¢17.70 per share.

Liquidity and turnover also declined by 58.2 per cent and 67.4 per cent compared to the previous session.

Nordea Capital is an investment bank, licensed by the Securities and Exchange Commission and offers a comprehensive range of services in asset management, research and strategy, corporate finance and private equity to institutional, corporate and private clients.

The GSE is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990.

Criteria for listing include capital adequacy, profitability, spread of shares, years of existence and management efficiency.

Source: GNA