Business News of Thursday, 17 June 1999
Accra (Greater Accra), 17th June 99 ?
The Ghana Stock Exchange (GSE) recorded active trading on Wednesday, with the All-Share Index closing higher for the second time in the week.
The index, the main market indicator, gained 4.16 points on the strength of a 100-cedi gain by SSB Bank (SSB) to close mid-week trading at 797.45 points, up from Monday's 793.29.
Offers out-numbered demand by over a million, ending at 2,881,490 points, up from 2,063,260 shares posted on the bourse on Monday.
But demand was high at 1,130,970, as against the previous 274,500 shares, and high profit taking put volume of shares traded at 320,770 shares.
Market capitalisation stood at 3,294.80 billion cedis, up from Monday's 3,288.27 billion cedis.
In the broader market, two equities registered price changes. There was one gain and one loss.
SSB earned 100 cedis to finish trading at 1,910 cedis, while Guinness Ghana Limited (GGL) ended at 925 cedis, losing by five cedis.
The following are the last prices of listed equities in cedis:
GGL 925 -5
SSB 1,910 +100