Stock market makes healthy gain, but traded shares remain low

Accra, March 1, GNA - The Ghana Stock Exchange (GSE) posted another healthy gain in trading on Monday, but traded shares remained low. The GSE All-Share Index climbed by an impressive 116.17 points to 4,749 points, but traded volumes were down to 108,800 from 125,400 on Saturday.

Change for the year responded positively to the gain by going up to 33.68 per cent from 30.39 per cent on Monday.

There were eight price changes, all positive, with SSB Bank leading the way by gaining 2,000 cedis at 24,000 cedis.

British American Tobacco was 50 cedis better at 6,250 cedis, Cocoa Products Company gained nine cedis at 860 cedis, Enterprise Insurance Company appreciated by 1,450 cedis at 15,950 cedis and Fan Milk gained 100 cedis at 4,900 cedis.

Guinness Ghana Limited enjoyed 200 cedis at 8,200 cedis, Home Finance Company was up by 100 cedis at 6,600 cedis and Produce Buying Company made 202 cedis at 3,102 cedis. Market capitalization was better at 15,343.78 billion cedis from 15,637.78 billion cedis.

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

ABL 553 AGC 28,650 ALW 4,000 ALW 6,250 +50 CFAO 82 CMLT 665 CPC 860 +9 EIC 15,950 +1,450 FML 4,900 +100 GBL 1,425 GCB 12,003 GGL 8,200 +200 HFC 6,600 +100 MGL 275 MLC 830 MOGL 35,500 PAF 740 PBC 3,102 +202 PZ 3,000 SCB 70,001 SPPC 390 SSB 24,000 +2,000 SWL 290 TBL 12,200 UNIL 17,100