Ghana Stock Exchange starts year on quiet note

The GSE All-Share Index ended Wednesday at zero points, with none of the 22 listed equities recording a price change. The Index ended last year at 955.95 points.

Change for the year after the first trading was also zero percent. It had ended last year at 11.42 points when bearish sentiments dominated the market as big time investors shied away.

The number of shares traded Wednesday stood at 40,500, a big improvement on the 6,000 that changed hands on 31 December 2001.

UNIL topped the chart with 12,400 shares, followed by CFAO, which sold 10,000, with PAF selling the least (100 shares).

Only seven equities sold shares, with market capitalisation opening the year as it ended last year on 3,904.03 billion cedis.

Following are the closing prices of listed equities in cedis:

ABL 320 AGC 18,800

ALW 4,300

BAT 627

CFAO 60

EIC 3,050

FML 950

GBL 1,000

GCB 1,570

GGL 901

HFC 952

MGL 241

MLC 145

MOGL 18,500

PAF 800

PBC 450

PZ 1,010

SCB 20,500

SPPC 341

SSB 2,200

UNIL 2,300

CMLT 430