Stock market continues downward trend

Accra, May 26, GNA - The Ghana Stock Exchange continues its downward trend with the benchmark GSE All-Share index dropping a whopping 76.82 points. The index closed down at 7,849.38 points on account of a rare fall in the share price of Standard Chartered Bank (SCB). Change for the year to date now stands at -24.75 per cent. Traded volumes closed the session at 285,500 shares. Market capitalisation went down at GH¢17,044.52 million. On the broader market, there were two price changes. State Insurance Company gained GH¢0.01 to close at GH¢0.30 while SCB lost GH¢3.29 at GH¢29.00.