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Business News Thu, 26 Jun 1997

At The Stock Exchange

Accra (GAR), June 23, - Volume of shares traded on the Ghana Stock Exchange today made another dip in a slack session with only three equities recording price movements. The GSE All-Share Index appreciated following a rise in GCB's share price. The All-Share index went up 2.15 points to open the week at 384.81 points, up from the previous 382.64 points. There was a slump in the volume of shares that changed hands from 1,087,550 last Friday to a mere 17,650. Total share offers was 262,850 compared with bids of 4,554,850. Market capitalisation appreciated slightly to 2,869.44 billion cedis against Friday's close of 2,866.25 billion cedis. On the broader market, GCB shares, which had been falling of late made a rally of 20 cedis to open the week 570 cedis. It sold 12,000 shares. CFAO was the other appreciating stock, going up by one cedi to finish at 31 cedis. SPPC ended trading 10 cedis down to close at 100 cedis. The following are the last prices of listed equities quoted in cedis:

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ABL 620 AGC 22,000 ALW 1,200 CFAO 31 +1 EIC 525 FML 387 GCB 570 + 20 GGL 360 HFC 155 KBL 800 MGL 180 MLC 95 MOGL 6,560 PAF 130 PTC 276 PZ 275 SCB 5,200 SPPC 100 - 10 SSB 1,350 UNIL 910 UTC-E 55

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