Shares on GSE go up

Shares on the Ghana Stock Exchange ended higher on Wednesday, with the benchmark GSE-All Share Index up 2.61 points to close at 1,427.09 points as the bourse maintained its moderate performance.

Traded share volumes were up at 143,700 shares from 105,000 shares on Monday as big time investors continued to shy away from the market.

Despite low demands, the financial stocks led a rally of price appreciation, with five of the 24 listed equities making gains.

Home Finance Company (HFC) gained 50 cedis at 1,200 cedis, Ghana Commercial Bank was up six cedis to close at 3,641 cedis and SSB Bank closed three cedis higher at 4,113 cedis.

Other gainers were Unilever with one cedi at 4,861 and Guinness Ghana Limited, which also went up by one cedi at 1,102 cedis.

Market capitalisation was up at 6,378.88 billion cedis from 6,373.31 billion cedis at the previous close.

The change for the year now stands at 2.28 per cent.