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Agribusiness leads Ghana Stock Market

Agribusiness, Petroleum and Banking sectors recorded impressive transaction on the Ghana Stock Exchange (GSE) with an advance to decline ratio of 5:1 to begin second week of July trading activities.

PBC gained 25 per cent to close at GHc0.05 per share, Ghana’s foremost indigenous oil marketing company Ghana Oil Company Limited (GOIL) climbed up by 2.5 per cent to close trading at GHc2.02 per share, Nordea Capital Investment Stock Market analysis made available to CDA Consult in Accra, on Tuesday indicated.

According to the Nordea Capital Stock Market analysis BOPP also gained 2.5 per cent to close at GHc4.52 per share, whilst SOGEGH gained 1.3 per cent to close at GHc0.76 per share and SCB climbed up by 1.1 per cent to GHc18.01 per share.

However marginal momentary glide by Ecobank Ghana Limited disrupted the gains and sent the benchmark index down by 0.03 per cent to close at 1,990.3 points.

The GSE-FSI also shed 0.4 per cent to close at 1,846.9 points. Volume traded was 92,629 shares valued at GHc56,079.87.

Nordea Capital is an investment bank, 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.

Nordea Capital is dedicated to growing and preserving client assets and building trust, in partnership with financial professionals and institutions worldwide.

The GSE is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990.