Ghana Stock Exchange gains more than 3% in dramatic week

The Ghana Stock Exchange (GSE) ended a week of successive gains on Friday with the main market indicator, the GSE All-Share index, closing the day’s trading up by 122.46 points.

The index closed at 5,622.18 points from Thursday’s 5,499.72 points. The index began the week at 5,296.90 points.

Change for the year to date closed the week at -46.10 per cent, up 3.12 per cent over Monday’s opening of -49.22 per cent.

Traded volumes on Friday surged to 1,237,700 from Thursday’s 562,700 shares.

Market capitalization appreciated to GH¢15,424.96.69 million from GH¢15,335.79 million on Thursday. The figure for Monday was GH¢15,188.11.

On Friday, there were four price changes, two either way.

Ecobank Ghana gained GH¢0.03 to close GH¢2.93 and Ecobank Transnational was GH¢0.01 better at GH¢0.15; GOIL lost GH¢0.01 at GH¢0.15 and UT also lost GH¢0.01 at GH¢0.17.

Source: GNA