Accra Bourse comes to life

The Accra bourse jumped to life on Wednesday on the back of two banking equities although the market continued to be dominated by small investors.

SSB Bank (SSB) and Ghana Commercial Bank (GCB) led a party of four gainers that pushed up the GSE All Share Index, the main market indicator, by 10.12 points. It ended at 1,408.97 points from the previous close of 1,398.85 points.

The bourse sold a total of 126,700 shares, up from 22,000 shares that changed hands on Monday. However, only nine of the 24 listed equities changed hands. British America Tobacco alone sold 102,400 shares.

Change for the year was up at 0.979 per cent from 0.254 per cent. On the broader market, SSB was 100 cedis richer at 4,100 cedis and GCB was up by 81 cedis at 3,600 cedis. Patterson Zochonic (PZ) gained five cedis at 2,010 cedis and Unilever (UNIL) closed two cedis higher at 4,808 cedis.

Market capitalisation was up at 6,334.93 billion cedis from 6,314.18 billion cedis.

The following are the last prices of listed equities in cedis: ABL 390

AGC 28,000

ALW 3,700

BAT 1,001

CFAO 67

EIC 4,600

FML 1,788

GBL 500

GCB 3,600 +81

GGL 1,050

HFC 955

MGL 254

MLC 272

MOGL 19,730

PAF 750

PBC 390

PZ 2,010 +5

SCB 28,700

SPPC 387

SSB 4,100 +100

SWL 285

TBL 4,850

UNIL 4,808 +2

CMLT 460