Unilever gain sustains GSE upward push

A moderate gain in Unilever (UNIL) share price on Wednesday helped to Ghana Stock Exchange to maintain its upward push since the opening of the year.

UNIL, which was up by 42 cedis, was one of three gainers on the bourse where the GSE All-Share Index went up by 1.64 points at 1,415.86 points. Despite the gain, institutional investors continued to stay away as only 34,300 shares changed hands, down from 157,500 shares.

Only six equities sold shares with British American Tobacco (BAT) selling the highest number of 14,800. UNIL ended the day at 4,850 cedis, Ghana Commercial Bank gained four cedis at 3,610 cedis and SSB bank gained one cedi at 4,102 cedis.

Market capitalisation was up at 6,349.05 billion cedis from 6,345.70 billion cedis on Monday. Change for the year was 1.64 per cent.