Activities were registered in seventeen counters as eleven recorded price changes in an advance to decline ratio of 6:5; this sent both indices in different directions as the benchmark GSE-CI index edged by 0.03% to close at 3,339.3 points. The GSE-FSI dipped by 0.1% to 3,121.7 points.

Gains were recorded in Mechanical Lloyd (+14.3%), Societe Generale (+2.5%), GOIL (+1.5%), Enterprise Group Ltd (+0.6%), Benso Oil Palm Plantation (+0.4%) and Unilever (+0.1%). On the flip side, Produce Buying Company lost 16.7% to GHS 0.05 per share. GCB (-0.8%), Ecobank Ghana (-0.4%). Fan Milk recorded a block trade in its shares; it shed 0.2% to GHS 17.60 per share whiles TOTAL went down by 0.2% to GHS 5.02 per share.

Volume traded was 474,437 shares and these were valued at GHS 2,108,852.20.

GOIL is 'Overall Best Taxpayer 2017'

Ghana Oil Company Limited (GOIL) has been adjudged the Overall Best Taxpayer 2017 (Customs Division) by the Ghana Revenue Authority (GRA). The GRA particularly recognised GOIL's excellent voluntary compliance in petroleum lifting in depots, describing it as “worth-emulating”. Chief Operating Officer of GOIL, Mr. Alex Adzew, stated that the company's good corporate practices including its consistent tax compliance over the last five years, has become a reliable revenue contributor to the state.

-B&FT.