Stock index moves up but volumes still low

Accra, Sept. 13, GNA - The main index of the Accra bourse moved up on Thursday, but volumes that changed hands remained low as bearish tendencies continued to prevail.

The GSE All-Share Index climbed by 3.06 points at 5,671.37 points from 5,668.31 points and shares that changed hands ended at 99,200 from Wednesday's 27,600.

Total shares that have changed hands over the past four days are only 190,700.

Change for the year ended at 13.29 per cent.

There were three price changes on Thursday, all positive. CAL Bank gained 0.0008 GH cedis at 0.3425 GH cedis, Guinness Ghana Breweries Limited was 0.0094 GH cedis at 1.0600 GH cedis and PZ was up by 0.0065 GH cedis at 0.8150 GH cedis.

Market capitalisation ended at 11,747.38 GH cedis from 11,745.50 GH cedis.