Ghana stocks extend gains

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, continues rally on Monday, going up 6.13 points to 1,001.63 from 995.50 points on Friday with a year-to-date return of 0.16 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also rose 6.47 points to 991.16 points from 984.69 points with a year-to-date change of -0.88 per cent.

Six equities saw price changes during the session, equally shared between the gainers and losers.

Ecobank Transnational Incorporated (ETI) went up GH¢0.01 to GH¢0.15, Produce Buying Company (PBC) gained GH¢0.02 to GH¢0.17 and State Insurance Company (SIC) appreciated GH¢0.01 to GH¢0.44.

On the flip side, SG-SSB Bank dipped GH¢0.04 to GH¢0.60, HFC Bank fell GH¢0.02 to GH¢0.38 and Ghana Oil Company (GOIL) was lower GH¢0.01 to GH¢0.28.

Market Capitalization closed the session up marginally to GH¢20,105.60 million from GH¢20,014.02 million.

Some 1.2 million shares worth GH¢487,942.25 exchanged hands compared to a trade of 271,954 shares valued at GH¢302,913.67 at the previous close.

Source: GNA