APRIL 15, 2019: TOLUWORKS SOLO AT GHANA STOCK EXCHANGE

At Ghana Stock Exchange Monday April `5, 2019, of the 7 equities that closed with trade, only Toluworks Ltd ended up without a price change.

With only 70 shares odd lot traded, its volume was not the lowest but the shares were exchanged at firm GHs 11.94 per share, which turned to be an exception to the rule for the day.

From available records, MTN Ghana witnessed the highest traded volume for the day: 23,800 shares. They were traded at firm price of GHs 9.7 per share but MTN went on to close the day at GHs 0.69 per share; down GHs 0.01 per share.

Whats more, bid price slipped some more to close at GHs 0.68 per share but this led to mismatch as offer stayed at opening GHs 0.7 per share.

Benso Oil Palm Plantation recorded deals for 0,200 shares while closing at the last deal price of GHs 4.`3 per share, down GHs 0.02 per share from Friday's GHs 4.15 per share. However, offer price shut up yo close at GHs4.73 per share while bid reverted to GHs 4.13 per share.

Three other equities also shed prices. in the range of GHs 0.01 per share. CAL Bank recorded exchange of 300 shares at GHS 1 per share but closed at GHs 1.02 per share representing GHs 0.01 per share decline on Friday's GHs 1.03 per share.

Ghana Commercial Bank hit day high of GHs 3.99 peer share to record last trade for 200 units then closed the day at GHs 3.96 per share, down GHs 0.01 on the closing price on Friday GHs 0.96 per share.

Eventually  offer price jumped to GHs 4.5 per share and bid dived to day low of GHS 3,93 per share leading to no further deals 

Finally, among the price losers, Standard Chartered Bank recorded lowest trade for the day involving only 10 shares at new low of GHS 19.49 per share, down GHs 0.01 per share from previous GHs19.5 per share. It too ended with mismatch as bid price dropped further to GHs17 per share while offer stayed firm at closing GHs 19.49 per share.

The lone price gainer for the day was Ghana Oil in which only 100 shares were traded at GHS2.4 per share, uo GHs 0.2 per share on Friday's GHs 2.2 per share. Then offer price moved up to GHs2.43 per share with no corresponding bid price.

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