Accra, (Greater Accra Region) 13 Oct. Trading on the Ghana Stock Exchange (GSE) today continued its positive trend with upward movements in nearly all market indicators. As has been the trend this year, the market was activated by investor interest in banking, manufacturing and trading concerns. The GSE All-Share Index gained 1.91 points to open the week at 468.18 points, up from Friday's closing of 466.27 points. Total shares traded was pegged at 127,750, down from Friday's 272,530. Total bids were 19,722,220 million as against offers of 593,020 shares. Market capitalisation rose again to 2,888.20 billion cedis compared to 2,885.39 billion posted on Friday. On the broader market, there were six price changes, five gainers and one down. Fan Milk Ghana Limited (FML) and Standard Chartered Bank (SCB) were 20 cedis richer each to start the week at 500 cedis and 7,200 cedis respectively. Guinness Ghana Limited (GGL) gained 15 cedis to close at 520 cedis, Mobil Oil Ghana Limited (MOGL) made 10 cedis at 6,310 cedis and Social Security Bank (SSB) was up five cedis to finish at 1,655 cedis. Pioneer Tobacco Company was the lone loser, slipping one cedi to end at 394 cedis. The following are the last prices of listed equities quoted in cedis:
ABL 670 AGC 20,900 ALW 1,900 CFAO 40 EIC 650 FML 500 +20 GCB 710 GGL 520 +15 HFC 172 KBL 950 MGL 175 MLC 187 MOGL 6,310 +10 PAF 154 PTC 394 - 1 PZ 330 SCB 7,200 +20 SPPC 110 SSB 1,655 +5 UNIL 940 UTC-E 105
The Cedi this morning maintained its value against other currencies of the world. The Dollar opened between ?2,250.00 and 2,280.00 Against the pound sterling, it is trading between ? 3,530.00 and ?3,600.00, and against the Deutsche Marks, it is between ?1,240.00 and ?1,300.00.
BUYING SELLING CFA 3,600.00 3,800.00 French Francs 350.00 380.00 Canadian Dollar 1,380.00 1,500.00 Swiss Francs 1,380.00 1,500.00 Dutch Guilders 1,120.00 1,200.00 Japanese Yen 14.00 15.00
