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Wednesday 22 September 2021
HomeAfricaGSE records huge gain Monday

GSE records huge gain Monday

A big gain by Standard Chartered Bank, the second best performer at the Ghana Stock Exchange (GSE), pushed the bourse up by 29.13 points, one of the biggest in recent times, as bank stocks continued their impressive run.

The GSE All-Share Index, the main stock index, ended higher at 5,463.99 points from 5,434.86 points.

Shares that changed hands were, however, a low 64,000 from 9.291 million recorded last Friday when Ecobank Transnational Incorporated alone sold 7.391 million and Ghana Commercial Bank sold 1.742 million shares.

Change for the year was 9.15 per cent from Friday’s 8.57 percent.

There were three price changes, all positive.

Standard Chartered Bank gained 1.00000 GH cedis to stand at 20.0000 xedis, SG-SSB Bank gained 0.0006 GH cedis at 0.9266 GH cedis and Ghana Commercial Bank went up 0.0005 GH cedis to sell at 0.7505 GH cedis.

Market capitalization was 11,650.59 million GH cedis from 11,632.78 million GH cedis registered in the previous trade.

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