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GCB sees huge sale, but main index barely changes

Wed, 8 Feb 2006 Source: GNA

Accra, Feb. 8, GNA - Ghana Commercial Bank (GCB) saw a huge sale of its share in trading on the Accra bourse on Wednesday, but it made no price change and the main stock index barely moved.

Blue chip GCB sold 4.849 million shares out of the 4.883 million shares that changed hands, but the main index went up by only 0.08 points to 4,736.33 points and change for the year remained flat at -0.69 per cent.

Market capitalisation moved up to 91,770.75 billion cedis from 91,770.54 billion cedis on Tuesday.

On the broader market, there were two price changes, both positive. Aluworks Limited went up by one cedi at 5,701 cedis while Guinness Ghana Breweries Limited also gained one cedi at 8,401 cedis.

The following are the last prices of the listed equities in cedis:

ABL 1,150 AGA 300,000 AADs 3,000

ALW 5,701 +1

BAT 3,050 BOPP 5,500 CAL 1,690 CFAO 400 CLYD 1,000 CMLT 1,700 CPC 600 EIC 6,858 FML 15,800 GCB 6,200

GGBL 8,401 +1

GWEB 550 HFC 6,000 MLC 2,500 MOGL 54,000 PAF 800 PBC 2,800 PZ 6,501 SCB 130,000 SPL 570 SPPC 390 SG-SSB 7,000 SWL 290 TBL 27,000 UNIL 15,400

Source: GNA