Ghana stocks in massive resurgence

There was a massive resurgence during Friday’s trading on the Accra bourse, which saw the Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, going up by 212.65 points from 6,575.76 points to 6,788.41 points.

The Change Year to Date also rose to 21.82 from 18.01 recorded during the previous trading session.

Traded volume closed the session at 190,252 shares valued at GH¢126,437.94. Shares of 14 equities were sold. The SIC Insurance Limited (SIC)led the pack with 35,500 of its shares valued at GH¢13,135.00 traded.

On the broader market, there were 10 price changes, eight positives and two negatives. Ecobank Ghana Limited (EBG) led the gainers with a share price increase of GH¢0.25 to close at GH¢3.20; SG-SSB Limited (SG-SSB) went up by GH¢0.04 to close at GH¢0.70 while Benso Oil Palm Plantation (BOPP); Cal Bank Limited (CAL); Ecobank Transnational Incorporated (ETI); Standard Chartered Bank Ghana Limited (SCB); SIC and UT Bank Limited (UTB) appreciated by GH¢0.01 each to close at GH¢0.76; GH¢0.29; GH¢0.15; GH¢43.11; GH¢0.37 and GH¢0.27 in that order.

Enterprise Insurance Company Limited (EIC) and Ghana Oil Company Limited (GOIL) lost GH¢0.01 each to close at GH¢1.80 and GH¢0.25 respectively.

Market Capitalisation closed the session at GH¢18,627.42 million from 17.48           million issued shares.

Source: GNA