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General News Tue, 29 Apr 1997

High volumes of shares traded on The Ghana Stock Exchange

Accra Market indicators continued their gains and volume of shares traded surged to the highest in a month as the Ghana Stock Exchange recorded an active session. The GSE All-Share Index appreciated by 1.71 points to 369.58 points from 367.87 points. Market capitalization went up to 2,799.22 billion cedis from 2,791.47 billion cedis. Volume ended at 109,380 shares on the back of GCB, GGL, MLC and UTC-Estates. Offers today stood at 371,280 shares while bids jumped to 5,304,180. On the broader market, AGC led eight gainers. There was one decliner. AGC appreciated by 50 cedis to close the week at 21,550 cedis while GCB gained 10 cedis to close at 610 cedis. The other gainers were HFC, which went up by five cedis to settle at 145 cedis, GGL and MLC, which went up by one cedi each to finish at 357 cedis and 73 cedis respectively, and SPPC, which gained five cedis to close at 105 cedis. Unilever and UTC-E had four and two cedis to close at 847 cedis and 50 cedis respectively. The lone loser was PZ, which dipped to 105 cedis after losing five cedis.

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