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Weekly Financial Markets Review- Friday February 17, 2017

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In the Weekly Financial Markets Review for the week ending Friday, February  17, 2017, the turnout of trading activity during the week in focus was impressive as appreciation in the prices of GCB Bank, Unilever and Standard Chartered Bank on the back of high bid quotations, gave the market some verve.

Due to this, the GSE Composite Index clawed back some lost points in the previous week, edging higher by 4.38 points to record a Year- To- Date change of 7.13%; this is a better yield compared to the – 0.10% recorded the same period a year ago.

On the flip side, profit taking in Total Petroleum and SIC Insurance weighed on their prices.

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