Stock index surges on

Standard Chartered Bank gain, but trading volumes low

Accra, July 14, GNA - Another big gain by Standard Chartered Bank (SCB), the highest-priced equity on the Accra bourse, pushed up the main stock gauge on Monday, but trading volumes were at another low.


SCB gained 3,600 cedis at 52,000 cedis after selling only 400 shares. The Ghana Stock Exchange (GSE) All-Share Index leaped by 35.98 points at 2,196.40 points while change for the year was 57.41 per cent. Total shares traded were mere 24,900 from 240,000 with only six of the 24 listed equities making sales.


There were only three price changes, all positive. SCB was 3,600 cedis richer at 52,000 cedis, Guinness Ghana Limited was 200 cedis better 3,500 cedis and Ghana Commercial Bank ended four cedis better at 6,326 cedis.


Market capitalisation improved at 8,923.95 billion cedis from 8,836.46 billion cedis.


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


ABL 460

AGC 28,600


ALW 4,000


BAT 1,914


CFAO 73


CPC 630


EIC 6,000

FML 2,510


GBL 552


GCB 6,326 +4


GGL 3,500 +200


HFC 2,600


MGL 268

MLC 467


MOGL 21,505


PAF 750


PBC 530


PZ 2,057


SCB 52,000 +3,600

SPPC 390


SSB 7,305


SWL 285


TBL 6,000


UNIL 7,307


CMLT 460