Stock market maintains momentum

Accra, July 2, GNA - Trading on the Ghana Stock Exchange slowed on Wednesday with a mere 29,100 shares changing hands, down from Monday's close of 118,000, as institutional buyers stayed on the sides.

However, the GSE All-Share Index climbed by 3.54 points to 2,088.24 points in trading that saw only three equities making price movements.

Guinness Ghana Limited (GGL) was the biggest gainer with a 71-cedi rise to 2,901 cedis. SSB Bank and Ghana Commercial Bank each gained one cedi in trading that saw only seven of the 24 listed equities selling shares.

SSB Bank ended the day at 7,301 cedis while GCB closed at 6,301 cedis.

Change for the year was 49.66 per cent from Monday's close of 48.20 per cent. Market capitalisation improved at 8,660.91 billion cedis from 8,652.34 billion cedis.

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

ABL 456

AGC 28,600

ALW 4,000

BAT 1,913

CFAO 72

CPC 630

EIC 6,000

FML 2,607

GBL 552

GCB 6,301 +1

GGL 2,901 +71

HFC 2,600

MGL 268

MLC 466

MOGL 21,000

PAF 750

PBC 451

PZ 2,056

SCB 44,000

SPPC 390

SSB 7,301 +1

SWL 285

TBL 6,000

UNIL 7,204

CMLT 460