LAST WEEK AT GHANA STOCK EXCHANGE

Last week ended Friday July 27, 2018 at the Ghana Stock Exchange was far more active than the previous week especially in traded volume  and price changes recorded but the price changes were dominated by declines.

The Ghana composite index closed the week at 2932.77, down  0.29% on the 2940.77 at the close of previous week from which it had increased to 2941.21 on Monday and 2942.85 by Tuesday.which turned out to be the week's peak.

The price drops that led the ASI down occurred mainly on Wednesday and Thursday as the ASI declined to 2938.32 on Wednesday and 2928.90 by Thursday.

The Friday rally was recorded as 3 equities recorded gains with no price drops. Total Ghana gained GHs0.10 per share on Friday as deals were struck for 200 units at GHs4.10 per share compared to GHs 4 per share close the previous day. However, bid at the new price did find new offer for new deals at the close of the day.

Ecobank Ghana topped up on the same day with GHs 0.03 per share as 400 units changed hands at GHs 8.21 per share. EGH closed on bid at GHs8.18 and GHs 8.21 on offer though leaving no room for more deals.

Finally Ghana Commercial Bank gained GHs0.01 per share as deala were struck for 65,200 shares at GHs5.07 per share .

In volume terms, Thursday July 26 came up with the week's peak of 1.738m shares followed by Wednesday's 719,197 shares and Tuesday's 508,029 shares.

Within the week deals in bond were recorded only on Monday, Tuesday and Wednesday with total traded value adding to GHs 456.24m paced by Monday's GHs 114.857m traded value.

GHANA COMPOSITE INDEX

Friday 27/7/2018                     2932.77
Thursday                                2928.90
Wednesday                             2938.32
Tuesday                                  2942.85
Monday                                   2941.21
Friday  20/7/2018                      2940.77

TRADED VOLUME

Friday 27/7/2018                  114,194
Thursday                            1,738,231
Wednesday                           719,197
Tuesday                              508,029
Monday                                332,648.

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