You are here: HomeBusiness2009 06 05Article 163278

Business News of Friday, 5 June 2009

Source: GNA

Stock index slumps again

The Ghana Stock Exchange continued its poor run on Friday with the main benchmark GSE All-Share index dropping a whopping 122.83 points. The index closed down at 6,871.39 points from 6,994.22 points on Thursday. Change for the year to date is deep in the red at -34.13 per cent. Traded volumes closed the session at 33,200 shares from 161,800 shares on Thursday while market capitalisation was also poorer at GH¢16,332.40 million from GH¢16,421.84 million on Thursday. On the broader market, there were two price changes, both negative. Ecobank Transnational Incorporated lost GH¢0.01 at GH¢0.27 while Goil also lost GH¢0.01 at GH¢0.24. M