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Business News of Tuesday, 13 July 1999

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Sluggish trading on stock exchange, All-Share Index marks time

Accra (Greater Accra), 13th July 99 ?

Trading on the Ghana Stock Exchange (GSE) on Monday opened on a sluggish note with only six out of the 21 listed equities recording sales.

The GSE All-Share Index marked time, registering no price change at 789.77 points.

Market volumes, however, went up but by a small margin.

Total shares traded went up to 32,200 shares, up from Friday's 26,000 shares out of which, 21,300 shares were sold by Ghana Commercial Bank.

Bids closed trading higher at 270,400 shares from 118,200 shares.

Offers went up from 2,169,110 shares to 2,186,610 shares but market capitalisation remained at 3,282.72 billion cedis.

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

ABL 600

AGC 18,700

ALW 2,598

BAT 380

CFAO 40

EIC 1,990

FML 1,250

GBL 1,879

GCB 1,000

GGL 920

HFC 750

MGL 220

MLC 200

MOGL 16,500

PAF 280

PZ 850

SCB 20,500

SPPC 210

SSB 1,950

UNIL 1,720

UTC-E 125

GRi?/