Stock index remains active

The GSE All-Share Index saw one of its biggest gains during the year when it went up by 5.4 points on Monday.

The bourse, which started the year on a very slow note, has begun to sparkle and has made a string of gains during the past couple of weeks. The index gain ended trading at 978.63 points from 973.23 points on Friday on the back of gains by SSB Bank and Ghana Commercial Bank.

Change for the year responded positively going up to 2.37 per cent from 1.81 per cent while market capitalisation increased to 3,947.99 billion cedis from 3,937.52 billion cedis.

On the broader market, there were three price changes, all positive. Ghana Commercial Bank, which gained five cedis on Friday, was up another 20 cedis at 1,610 cedis and SSB Bank, which appreciated by 79 cedis on Friday, also gained another 100 cedis at 2,400 cedis. Mechanical Lloyd was up by one cedi at 147 cedis.

Total Shares traded, however, were down at 44,300 shares from 183,000 shares. The following are the closing prices of the equities in cedis:

ABL 321

AGC 18,800

ALW 4,300

BAT 627

CFAO 60

EIC 3,121

FML 950

GBL 1,000

GCB 1,610 +20

GGL 910

HFC 950

MGL 241

MLC 147 +1

MOGL 18,502

PAF 750

PBC 450

PZ 1,100

SCB 20,553

SPPC 342

SSB 2,400 +100

UNIL 2,600

CMLT 430