GSE active, but records low trading

Trading on the Ghana Stock Exchange (GSE) on Monday was active with six price appreciations, but total shares traded slumped to just 57,200 from Friday's 91,900 shares.

The market index edged up slightly by 2.33 points, to open Monday trading at 1,463.72 points, up from Friday's close of 1,461.39 points.

SSB Bank closed trading with the highest gain of 30 cedis to end at 4,200 cedis.

Ghana Commercial Bank (GCB) and Mobil Oil Ghana Limited followed with each making 19 cedis to finish at 4,020 cedis and 19,750 cedis, respectively.

British American Tobacco (BAT) and Mechanical Lloyd Company made only one cedi each to end trading at 1,102 cedis and 274 cedis.

The day's other gainer was Unilever, which made three cedis to close at 4,876 cedis.

Market capitalisation was 7,009.63 billion cedis from 2,553.75 issued shares.

The change for the year went up to 4.90 per cent from 4.74 per cent.