Big ECOBANK surge boosts bourse

Accra, July 17, GNA 96 Another impressive performance of ECOBANK in trading on the Ghana Stock Exchange (GSE) on Monday sustained last Friday's gain of the Accra bourse.

ECOBANK gained 141 cedis at the end of trading at 11,202 cedis after selling nearly all the 1.35 million shares traded on the floor. The GSE All-Share Index, the main stock index, ended 7.55 points higher at 4,844.67 points from 4,837.12 points on Friday. Change for the year to date went up at 1.59 per cent from 1.43 per cent.

Traded volumes surged to 1,353,000 shares from 68,200 with ECOBANK, which began trading on Friday, selling 1,246,700 shares. On the broader market, there were two price changes, both positive. ECOBANK gained 141 cedis at 11,202 cedis while Enterprise Insurance Company was two cedis better at 8,122 cedis.

Market capitalisation was also better at 97,100.58 billion cedis from 97,077.79 billion cedis.

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

ABL 1,150 AGA 300,000 ALW 6,800 BAT 3,160 BOPP 5,500 CAL 1,942 CFAO 399 CLYD 1,000 CMLT 1,700 CPC 600

EBG 11,202 +141

EIC 8,122 +2

FML 15,946 GCB 6,312 GGBL 9,830 GWEB 550 HFC 5,400 MLC 2,500 MOGL 54,000 PAF 800 PBC 2,800 PZ 6,510 SCB 130,000 SPL 550 SPPC 390 SG-SSB 6,750 SWL 265 TBL 27,000 UNIL 15,400