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Dull trading on the Stock Market

Tue, 28 Jan 2003 Source: gna

The Ghana Stock Exchange opened trading on a dull note on Monday, with the benchmark GSE-All Share Index inching up a mere 0.71 points in an inactive market that saw only 3,300 shares changed hands.

The key market gauge closed up marginally at 1,428.82 points from 1,428.11 points as big institutional investors continued to shy away from the market. Traded volumes declined to close at 3,300 shares from 62,600 shares at the previous close on Friday.

On the broader market, there were three positive price changes. Ghana Commercial Bank gained 8 cedis to close at 3,656 cedis, British American Tobacco was one cedi higher at 1,002 cedis and SSB Bank gained one cedi at 4,114 cedis.

Market capitalisation was up at 6,394.54bn cedis as against 6,393.08 at the previous close. The change for the year now stands at 2.40 per cent.

The following are the last prices of listed equities in cedis:

ABL 390

AGC 28,000

ALW 3,700

BAT 1,002 +1

CFAO 67

EIC 4,600

FML 1,800

GBL 510

GCB 3,656 +8

GGL 1,102

HFC 1,200

MGL 254

MLC 272

MOGL 19,730

PAF 750

PBC 390

PZ 2,010

SCB 28,700

SPPC 387

SSB 4,114 +1

SWL 285

TBL 4,850

UNIL 4,861

CMLT 460

Source: gna