Standard Chartered Bank gain, but trading volumes low
Accra, July 14, GNA - Another big gain by Standard Chartered Bank (SCB), the highest-priced equity on the Accra bourse, pushed up the main stock gauge on Monday, but trading volumes were at another low.
SCB gained 3,600 cedis at 52,000 cedis after selling only 400 shares. The Ghana Stock Exchange (GSE) All-Share Index leaped by 35.98 points at 2,196.40 points while change for the year was 57.41 per cent. Total shares traded were mere 24,900 from 240,000 with only six of the 24 listed equities making sales.
There were only three price changes, all positive. SCB was 3,600 cedis richer at 52,000 cedis, Guinness Ghana Limited was 200 cedis better 3,500 cedis and Ghana Commercial Bank ended four cedis better at 6,326 cedis.
Market capitalisation improved at 8,923.95 billion cedis from 8,836.46 billion cedis.
The following are the last prices of listed equities in cedis:
ABL 460
AGC 28,600
ALW 4,000
BAT 1,914
CFAO 73
CPC 630
EIC 6,000
FML 2,510
GBL 552
GCB 6,326 +4
GGL 3,500 +200
HFC 2,600
MGL 268
MLC 467
MOGL 21,505
PAF 750
PBC 530
PZ 2,057
SCB 52,000 +3,600
SPPC 390
SSB 7,305
SWL 285
TBL 6,000
UNIL 7,307
CMLT 460