Stock index inches up

Accra, May 11, GNA - Bearish pressures on listed equities on the Ghana Stock Exchange (GSE) continued on Wednesday with the benchmark index, the GSE-All Share Index, shedding 54.02 points on the back of a 300-cedi loss by Produce Buying Company (PBC).

The index, which made a slight rise on Monday, stumbled to close at 6,050.27 points as against 6,104.29 points at the previous close.

Change for the year to date, still in the red, now stands at -11.01 per cent.

Market capitalisation fell to close at 95,049.80 billion cedis compared to 95,192.68 billion cedis on Monday.

Total shares also dipped to close at 40,100 shares from 47,800 on Monday, as investors continued to stay away from the market. CFAO, for the second consecutive trading session saw a price appreciation going up by five cedis at 295 cedis.

The following are the last prices of listed equities in cedis:

ABL 1,480 AGA 300,000 AADs 3,000 ALW 6,252 BAT 4,500 BOPP 6,000 CAL 3,200

CFAO 295 +5

CLYD 1,300 CMLT 1,580 CPC 800 EIC 7,500 FML 18,000 GCB 12,400 GGBL 12,500 HFC 7,000 MGL 275 MLC 2,700 MOGL 39,010 PAF 800

PBC 3,000 -300

PZ 6,000 SCB 134,000 SPL 740 SPPC 390 SG-SSB 25,000 SWL 290 TBL 27,900 UNIL 17,000