Standard Chartered Bank continues to leap at Stock Exchange

Accra, July 28, GNA - Standard Chartered Bank, the highest priced equity on the Ghana Stock Exchange, continued to leap ahead of the other equities as it gained 1,999 cedis in trading but volumes remained low. The GSE All-Share Index, the main market gauge, went up by 23.37 points at 2,205.81 points in trading that saw only 72,400 shares changing hands, down from another low of 85,900 shares last Friday.

Change for the year was 64.54 per cent.

Standard Chartered Bank sold only 3,700 shares and its share price went up to 55,000 cedis.

In the broader market, there were eight price changes, all positive.

Mobil Oil Ghana Limited gained 999 cedis at 24,000 cedis; Ghana Commercial Bank was 50 cedis richer at 6,950 cedis; British American Tobacco was two cedis better at 1,022 cedis; Unilever, Patterson Zochonis and SSB Bank gained one cedi each.

SSB Bank ended trading at 7,321 cedis, Unilever closed at 7,601 cedis and Patterson Zochonis ended at 2,203 cedis.

Market capitalisation ended at 9,224.08 billion cedis 9,167.61 billion cedis on Friday.

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

ABL 460

AGC 28,650

ALW 4,000

BAT 1,922 +2

CFAO 74

CPC 630

EIC 6,100

FML 2,650

GBL 552

GCB 6,950 +50

GGL 3,500

HFC 2,600

MGL 258

MLC 467

MOGL 24,000 +999

PAF 750

PBC 630 +20

PZ 2,203 +1

SCB 55,000 +1,999

SPPC 390

SSB 7,321 +1

SWL 285

TBL 6,000

UNIL 7,601 +1

CMLT 460