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All-Share Index picks up again

Sat, 29 Mar 2003 Source: .

The GSE-All Share Index maintained its momentum in trading on Friday, rising by 1.34 points although shares changing hands remained low.

The Index ended trading at 1,631.76 points from 1,630.42 points on Wednesday.

The number of shares that changed hands rose to 126,000 shares from 23,400 but remained low as institutional investors continued to shy away from the market.

The change in the year to date was 16.95 per cent.

In the broader market, there were only three price changes. Mechanical Lloyd Ghana Limited was 30 cedis richer at 310 cedis, Ghana Commercial Bank closed 10 cedis better at 5,110 cedis and Home Finance Company rose by five cedis at 1,220 cedis.

Market capitalisation closed up at 7,465,18 billion cedis from 7,461.93 billion cedis.

Source: .