Friday, 24th January 2014 | The Ghana stock market continues on its merry way upwards during the past week with the GSE Composite index climbing to close the week at 2218.23 up from 2,186.94 at the end of the prior week. The financial index closed at 1,891.66 up from 1,847.22 from Friday January 10th.
There were 6 stocks trading that recorded gains to 5 that fell in the past week compared with 6 gaining (updated) and 7 falling in price from the week ending January 10. The market traded only 1,960,344 shares down from 4,785,965 shares during the previous week. At the end of the week, there were 18 bids on stocks in the market, up from 16 the week before but offers increased to 20 from 17.
Advancing stocks | At the end of the week Cal Bank gained 2 percent; Ecobank Transnational Incorporation gained 6 percent; Enterprise Group gained 4 percent; Standard Chartered Bank Ghana gained 4 percent.
Declining stocks | Trust Bank lost 14 percent and PZ Cussons lost 10 percent.