Ghana Stock Exchange gains another 2.59%

The Ghana Stock Exchange (GSE) gained another 2.59 per cent in trading on Tuesday as the bourse looks set to claw back its losses since the beginning of the year that saw stocks lose considerable sums of money.

Change for the year to date ended at -40.85 per cent, 2.59 per cent better than Monday’s close of -43.44 per cent.

The main market indicator, the GSE All-Share index, also appreciated by 269.92 points at 6,170.33 from Monday’s close of 5,900.41 points.

Traded volumes more than doubled at 592,000 shares from the week’s opening figure of 206,600 shares.

Market capitalization appreciated to GH¢15,824.09 million from GH¢15,627.55 million.

On the broader market, there were six price changes – four up and two down.

Ecobank Ghana continued its surge with GH¢0.01 to close GH¢3.02; Ecobank Transnational was also better by GH¢0.02 at GH¢0.19; SG-SSB gained GH¢0.06 at GH¢0.52 and State Insurance Company gained GH¢0.03 at GH¢0.26.B

Benso Oil Palm lost GH¢0.02 at GH¢0.58 and CFAO was GH¢0.01 worse at GH¢0.04.

Source: GNA