stock exchange

Ghana Stock Buoyant

Activities in the mid-week session which marks the first week of May trading was buoyant with volumes increasing by 48.9 per cent.

The gainers were Guinness Ghana Brewery Limited which rose by 1.6 per cent to close at GH¢ 2.60 per share; GCB Bank went up by 0.2 per cent to end the session at GH¢ 6.32 per share.

According to Nordea Capital Investment Stock Market analysis made available to the Ghana News Agency in Accra, on Thursday, 1,276,995 shares exchanged hands and these were valued at GH¢ 2,536,653.67.

According to the Stock Expert, CAL Bank recorded a block trade in its shares which sent the price dipping. CAL Bank dipped by one per cent to close at GH¢ 1.95 per share.

GOIL also fell by 0.8 per cent to close at GHC4.86 per share whiles Fan Milk Limited slipped by 0.6 per cent to close at GH¢ 17.49 per share.

The Nordea Income Growth Fund was priced at GH¢ 0.4966 with a year-to-date return of 22.86 per cent.

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.

Criteria for listing include capital adequacy, profitability, spread of shares, years of existence and management efficiency.

GNA