Audio By Carbonatix
The Ghana Stock Exchange (GSE) for the fourth week in January continues with a positive trend as trading activities registered in ten equities see four gainers.
Volume traded was 290,395 shares, valued at GHâ‚¡354,510.30
In effect, the benchmark GSE-Composite Index edged by 0.2 per cent to close at 1,765.2 points, with a year-to-date return of 4.5 percent, Nordea Capital Investment Stock Market analysis on Wednesday depicted.
The GSE-Financial Stock Index also rose by 0.3 per cent to close at 1,650.2 points, representing a year-to-date return of 6.8 per cent.
According to the Nordea Capital Investment Stock Expert, Total Ghana continued its ascent from the previous session by adding 1.4 per cent to its value to close at GHâ‚¡2.15 per share.
The GCB Bank also soared by 1.3 per cent to close at GHâ‚¡3.85 per share whiles Guinness Ghana Brewery Limited edged by 0.7 per cent to close at GHâ‚¡1.51 per share, whilst StanChart went up by 0.5 percent to close at GHâ‚¡13.01 per share.
The Nordea Income Growth Fund is priced at GHâ‚¡0.2840 with a year-to-date return of 3.31 per cent.
On the interbank market, the Ghana Cedi rose against all of its major trading currencies; it inched by 0.1 per cent against the USD at a mid-rate of GHâ‚¡ 4.2430; edged 0.3 per cent against the Euro at a mid-rate of GHâ‚¡4.5649; rose 0.2 per cent against the Pound Sterling at a mid-rate of GHâ‚¡5.2955.
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.
It currently lists 42 equities from 37 companies and two corporate bonds. All types of securities can be listed.
Criteria for listing include capital adequacy, profitability, the spread of shares, years of existence and management efficiency.
Latest Stories
-
Missing records of illegal gold purchases in Ghana raise concern – Duncan-Williams
6 minutes -
Duncan-Williams warns of powerful interests targeting GoldBod
37 minutes -
We need to pray for GoldBod – Duncan-Williams
57 minutes -
Strong favourites or tougher task – will Arsenal defend their title?
2 hours -
Passengers escape death as VIP travelling from Kumasi to Sunyani catches fire
2 hours -
Ariana Grande leaves problems at home as her tour hits the UK
2 hours -
Multiple suspects at large after five shot at Virginia State University, police say
2 hours -
Three killed as Russia launches fresh aerial attacks across Ukraine
2 hours -
Boxing: John Laryea disqualified in WBA Featherweight title eliminator
2 hours -
Hawaii battles strong winds and rain as Hurricane Lala threat looms
3 hours -
Twelve killed as Polish bus veers off Hungarian motorway
3 hours -
Building Ghana better: Why architects must be at the heart of national development
6 hours -
GMet warns of severe rainstorm across northern Ghana
7 hours -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
7 hours -
Health Ministry reviews NDC manifesto commitments
8 hours