Business News of Wednesday, 9 August 2000
ACCRA, Ghana (PANA) - The main market indices of the Ghana Stock Exchange (GSE) marked time again for the second time in as many trading days although total shares traded leaped many times, thanks to a huge sale of SSB bank shares.
The GSE All Share Index, the main market indicator, stood still at 820.41 points.
The change for the year and market capitalisation also remained the same at 11.44 percent and 3,571.21 billion cedis.
There was no price change either.
For the fist time in many trading sessions, the shares traded were close to one million - 768,000 shares from Monday's 22,800.
SSB Bank sold 745,300 shares out of 760,400 demanded that were put on sale.
Only two equities - SPPC and Camelot - had positive pressure on them.
Ten of the 23 equities had no pressure at all while 11 others had no pressure at all.
Shares on offer were up from 1.69 million to 2.14 million while bids were up at 860,800 from 51,100.