Stock Index jumps, although volumes low

The Ghana Stock Exchange (GSE) All-Share Index jumped by 5.2 points on Monday to open the week up at 1,041.05 points as against 1,035.85 at the previous close on Friday.

There were five price changes, all positive, although only 116,200 shares changed hands. Sam-Wood Limited (SWL), which last Wednesday became the 23rd equity to enlist on the exchange made an eight cedis gain to close at 270 cedis, Aluworks was up 100 cedis at 4,300 cedis, British American Tobacco appreciated by 31 cedis at 751 cedis.

Ghana Commercial Bank was richer by two cedis to close at 1,787, SSB gained 46 cedis at 2,900 and Super Paper Products Limited was up one cedi at 366 cedis. Change for the year was up at 8.90 per cent. Market capitalisation stood at 4,054.84 billion cedis.

The following are the closing prices of the equities in cedis:

ABL 327

AGC 18,800

ALW 4,300 +100

BAT 751 +31

CFAO 60

EIC 3,500

FML 1,000

GBL 1,000

GCB 1,787 +2

GGL 910

HFC 950

MGL 250

MLC 147

MOGL 18,810

PAF 750

PBC 450

PZ 1,210

SCB 20,500

SPPC 366 +1

SSB 2,900 +46

SWL 270 +8

UNIL 2,916

CMLT 430