GCB gain maintains Accra bourse momentum

An 80-cedi gain by Ghana Commercial Bank (GCB) on Wednesday maintained the momentum of the Ghana Stock Exchange (GSE) as the main market index rose by 6.14 points.

The GSE All-Share Index closed at 1,469.86 points from Monday's figure of 1,463.72 points.

Traded shares almost doubled to 109,700 from 57,200 shares in trading that saw only eight out of the 25 listed equities making sales.

On the broader market, there were four price changes, all positive. GCB was 80 cedis richer at 4,100 cedis, Unilever rose by 14 cedis at 4,890 cedis, SSB Bank appreciated by 10 cedis at 4,210 cedis and Guinness Ghana Limited inched up by one cedi at 1,116 cedis.

Market capitalisation ended at 7,024.54 billion cedis from 7,009.63 billion cedis.

The change for the year went up to 5.34 per cent from 4.90 per cent.