Stock index picks up

Accra, (Greater Accra) 22 July '99,

The GSE All-Share Index rallied during trading on Wednesday by gaining 0.41 points. It closed at 788.48 points, up from the 788.07 points chalked on Monday.

Total shares traded also ended higher at 659,500 following a huge sale of 643,900 shares of Ghana Commercial Bank (GCB). Demand finished at 695,500. Offers closed at 3.5 million on the back of high investor interest in GCB.

Market capitalisation was 3,280.70 billion cedis, out of the 1,011.05 million issued shares. In the broader market, four equities registered price changes. Three went up, with one going down.

Aluworks was up 10 cedis to end trading at 2,610 cedis, followed by Guinness Ghana Limited (GGL), which earned nine cedis at 935 cedis. CFAO edged up five cedis to 45 cedis per share. GCB lost five cedis to close at 990 cedis.

The following are the last prices of listed equities :

ABL 600

AGC 18,700

ALW 2,610 +10

BAT 380

CFAO 45 +5

EIC 1,990

FML 1,250

GBL 1,850

GCB 990 -5

GGL 935 +9

HFC 750

MGL 220

MLC 200

MOGL 16,500

PAF 290

PZ 850

SCB 20,000

SPPC 200

SSB 1,981

UNIL 1,780

UTC-E 125