Stock index surges on

Standard Chartered Bank gain, but trading volumes low

Accra, July 14, GNA - Another big gain by Standard Chartered Bank (SCB), the highest-priced equity on the Accra bourse, pushed up the main stock gauge on Monday, but trading volumes were at another low.

SCB gained 3,600 cedis at 52,000 cedis after selling only 400 shares. The Ghana Stock Exchange (GSE) All-Share Index leaped by 35.98 points at 2,196.40 points while change for the year was 57.41 per cent. Total shares traded were mere 24,900 from 240,000 with only six of the 24 listed equities making sales.

There were only three price changes, all positive. SCB was 3,600 cedis richer at 52,000 cedis, Guinness Ghana Limited was 200 cedis better 3,500 cedis and Ghana Commercial Bank ended four cedis better at 6,326 cedis.

Market capitalisation improved at 8,923.95 billion cedis from 8,836.46 billion cedis.

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

ABL 460

AGC 28,600

ALW 4,000

BAT 1,914

CFAO 73

CPC 630

EIC 6,000

FML 2,510

GBL 552

GCB 6,326 +4

GGL 3,500 +200

HFC 2,600

MGL 268

MLC 467

MOGL 21,505

PAF 750

PBC 530

PZ 2,057

SCB 52,000 +3,600

SPPC 390

SSB 7,305

SWL 285

TBL 6,000

UNIL 7,307

CMLT 460