Accra bourse Index continues slide

Accra, Jan. 22, GNA - The GSE All-Share Index, the main measure of performance of the Exchange, closed lower by 9.41 points on Thursday pulled down by price losses in two financial stocks. UT Financial Services (UT) and State Insurance Company (SIC) both made marginal price losses to bring the index down at 10,262.17 points from 10,271.58 at the previous close on Wednesday. Traded volumes, however, rallied to a high of 2,513,100 shares, thanks to a block trade in Ghana Commercial Bank Shares. GCB alone sold over 2.2 million shares. The change year to date now stands at -1.62 per cent. There were two negative price changes. SIC lost GH¢0.02 to close at GH¢0.46 and UT went down by GH¢0.01 at GH¢0.30. Market capitalisation ended the session lower at GH¢17,899.21 million from GH¢17,905.23 million at the previous close on Wednesday.