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Anglogold Ashanti hits jackpot on Ghana Stock

  • SOURCE: GNA | qwesa2big
    • POSTED ON: May 4, 2018

    Accra, May 4, GNA – Trading on the Ghana Stock Exchange (GSE) was given a bigger boost as Anglogold Ashanti sold over GH¢122.8 million shares, this represents the biggest value traded this year.

    Others gainers were Ecobank Ghana (+0.4 per cent) and GCB Bank (+0.3 per cent); Nordea Capital Investment Stock Market analysis made available to the Ghana News Agency in Accra on Friday indicated.

    The laggards for the session were Ecobank Transnational Incorporated (-4.5 per cent), Enterprise Group Limited (-0.5 per cent), GOIL (-0.4 per cent), Standard Chartered (-0.2 per cent) and Fan Milk Limited (-0.1 per cent).

    The benchmark GSE-Composite Index therefore continued on its downward trend, as it slipped by 0.2 per cent to close at 3,479.3 points. Volume traded was 3,601,654 shares which were valued at GH¢124,821,858.53.

    The Nordea Income Growth Fund was priced at GHC0.4971 with a year-to-date return of 22.98 per cent.

    Nordea Capital is an investment bank, licensed by the Securities and Exchange Commission and offers a comprehensive range of services in asset management, research and strategy, corporate finance and private equity to institutional, corporate and private clients.

    Nordea Capital is dedicated to growing and preserving client assets and building trust, in partnership with financial professionals and institutions worldwide.

    The GSE is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990.

    Criteria for listing include capital adequacy, profitability, spread of shares, years of existence and management efficiency.

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