Accra picks again up on EIC gain

Accra, Oct. 18, GNA - Enterprise Insurance Company (EIC) again pushed the Ghana Stock Exchange up on Tuesday with a 100-cedi gain as the bourse struggles to lift itself from negative zone.

EIC, which has risen consistently despite the bearish sentiments on the bourse, ended its impressive run at 700 cedis on Tuesday. The GSE-All Share Index, the benchmark measure, climbed by 0.81 points to close at 4,888.56 points from 4,887.75 points. Change for the year-to-date went up to -28.09 per cent from -28.11 per cent.

Traded shares reduced to 161,200 from 641,700 shares on Monday. Guinness Ghana Breweries Limited, another equity that has sustained the bearish pressures, also gained 10 cedis at 7,510 cedis. Market capitalisation ended up at 92,176.69 billion cedis from 92,172.49 billion cedis.

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

ABL 1,480 AGA 300,000 AADs 3,000 ALW 4,500 BAT 3,080 BOPP 6,000 CAL 2,000 CFAO 405 CLYD 1,300 CMLT 1,800 CPC 600

EIC 7,000 +100

FML 15,625 GCB 6,750

GGBL 7,510 +10

GWEB 550 HFC 7,000 MLC 2,500 MOGL 38,000 PAF 800 PBC 3,000 PZ 6,500 SCB 134,000 SPL 600 SPPC 390 SG-SSB 7,865 SWL 290 TBL 27,900 UNIL 15,500