Ghana Stock Exchange

Market activities of the Ghana Stock Exchange (GSE) on Monday picked up as the All-Share Index, gained 7.3 points to open the week up at 1,479.08 points from 1,471.78 points.

The upward shift in the main market gauge was on the back of significant gains registered by Guinness Ghana Limited (GGL) and Ghana Commercial Bank (GCB) in a market that saw a 932,600 shares change hands, up from a mere 46,400 on Friday.

GGL sold the highest of 920,100 shares followed by Aluworks Ghana Limited (ALW) with 5,100 shares. Only 600 shares of GCB changed hands despite a demand of 4,112 shares.

Market capitalization opened the week up at 7,046.90 billion cedis from 7,029.18 billion cedis while the change in the year to date stood at 6.00 per cent.

On the broader market, there were three price changes, all positive. GGL gained 80 cedis at 1,200 cedis. The darling share of 2002, GCB, gained 40 cedis to finish trading at 4,150 cedis while the Cocoa Processing Company (CPC) gained two cedis at 630 cedis.