Accra Bourse continues impressive performance

The Ghana Stock Exchange continued its impressive performance on Friday, with the GSE-All Share index moving up 18 points on the strength of huge gains by Standard Chartered Bank and Enterprise Insurance.

The two equities made gains of 1500 and 200 cedis respectively to push the index to close at 1,298.56 points compared to 1,280.56 on Wednesday.

The change in the year to date moved up to 35.84 per cent from 34.34 per cent at the previous close.

Total shares traded, however, dropped heavily from Wednesday's level of 75,700 shares to close at 27,700 shares. Market capitalisation ended the week up at 4837.10 billion cedis from 4,809.21 billion cedis on Wednesday.

On the broader market, there were six price appreciations. SCB gained 1,500 cedis to close trading at 25,001 cedis, EIC was up 200 cedis at 4,500 cedis, SSB Bank went up four cedis at 3,855 cedis and Unilever was up two cedis at 4,202 cedis. Other gainers were Fan Milk Ghana Limited, which gained one cedi at 1,627 and British American Tobacco, which also went up one cedi at 936 cedis.

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

ABL 375 AGC 18,801 ALW 4,000 BAT 936 +1 CFAO 65 EIC 4,500 +200 FML 1,627 +1 GBL 900 GCB 3,290 GGL 910 HFC 955 MGL 254 MLC 261 MOGL 19,700 PAF 750 PBC 440 PZ 1,808 SCB 25,001 +1,500 SPPC 386 SSB 3,855 +4 SWL 285 UNIL 4,202 +2 CMLT 455