GSE mid-week composite index dropped marginally

The mid-week trading on the Ghana Stock Exchange (GSE) ended with transactions in 16 equities with four price changes; in effect the benchmark GSE - Composite Index dropped by 0.3 per cent to close at 1,578.0 points.

The GSE-Financial Stock Index also declined by 0.5 per cent to close at 1,401.6 points, and the volume traded was 9,015,398 shares which were valued at GH¢839,652.71; the stock market analysis was made available to the Ghana News Agency in Accra on Thursday by Nordea Capital, an investment bank.

Nordea Capital is 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.

According to the Nordea Capital market analysis Ghana Oil Company Limited (GOIL) gained 1.0 per cent to close at GH¢1.00 per share.

On the flip side, Ecobank Ghana fell by 1.4 per cent to close at GH¢6.41 per share, whiles CAL Bank lost 1.3 per cent to close at GH¢0.74 per share.

According to the Nordea Capital analysis TOTAL Ghana slipped by 0.5 per cent to close at GH¢1.98 per share.