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Currency, stock snapshots

BY: Nimed Capital/ Young Investors Network

The Cedi/USD pair devalued by 0.28 per cent or 0.0230 pesewas to GH¢8.2565 week-on-week.

▪ The Cedi/pound pair sapped 0.41 per cent or 0.0395 pesewas to GH¢9.5759 week-on-week.

▪ The Cedi/euro pair weakened 0.55 per cent or 0.0457 pesewas to GH¢8.3020 week-on-week.

Equities

A lone mover, CAL Bank, caused the Ghana Stock Exchange (GSE) to end the week modestly down after losing a pesewa to GH¢0.75.

The benchmark composite index consequently lost 0.60 points, bringing its index-point total to 2,508.39. Its year to date worsened to negative 10.07 per cent.

Similarly, the Financial Index lost 1.09 points, dropping from 2,079.94 points to 2,078.85 points overall. The YTD change also deteriorated to 3.39 per cent.

In all, a total volume of 3.03 million shares valued at GH¢7.59 million were traded in 23 equities. — Nimed Capital/Young Investors Network