Trading slumps

Accra, Nov. 3, GNA - Trading activities on Ghana's stock market opened this week's trading recording low volumes in an inactive market. The GSE All-Share Index, the Exchange's benchmark, gained 7.22 points in a market that saw only 20,600 shares changing hands as against 428,400 shares sold on Friday.

The market index thus opened the week at 2,906.25 points from 2,899.03 points.

Change in the year closed at 108.29 per cent while only four of the 25 listed equities recorded positive price changes.

Guinness Ghana Limited (GGL) gained 145 cedis to become richer at 4,800 cedis; Fan Milk Limited (FML) made 20 cedis to finish at 3,520 cedis; Ghana Commercial Bank (GCB) gained four cedis at 6,010 cedis with the SSB Bank (SSB) making two cedis to end the 16,002 cedis.

Market capitalisation closed trading at 10,969.26 billion cedis compared to 10,951.03 billion cedis recorded at the previous session.

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

ABL 460 AGC 28,650 ALW 4,000 BAT 2,903 CFAO 74 CPC 630 EIC 7,500 FML 3,520 +20 GBL 906 GCB 6,010 +4 GGL 4,800 +145 HFC 3,200 MGL 271 MLC 655 MOGL 24,500 PAF 740 PBC 1,300 PZ 2,600 SCB 59,003 SPPC 390 SSB 16,002 +2 SWL 288 TBL 7,801 UNIL 10,505 CMLT 520