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Business News of Monday, 25 January 1999

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Gains sustained on Stock Market

Accra (Greater Accra), 25 Jan. '99 - The GSE All-Share Index today continued to climb as it gained almost four points to push the market index up to finish trading at 892.27 points.

The GSE All-Share Index went up 3.88 points from Friday's close of 888.39 points. Total volume of shares finished lower at 284,760, about half of what was registered at the last session. This puts the GSE Index change to date at 2.75 per cent. Total shares offered were 2.387 million compared with 2.733 million offered on Friday while bids closed at 429,300. Market capitalisation was high following the performance of four equities. It ended at 3,406 billion cedis, up from 3,400 billion cedis at the last trading session.

ABL 800

AGC 19,000

ALW 2,800

CFAO 58

EIC 2,300

FML 1,680

GBL 1,700 -100

GCB 1,100

GGL 980 +25

HFC 750

MGL 225 +5

MLC 242 +12

MOGL 20,000

PAF 400

PTC 400 -20

PZ 900

SCB 25,300 +300

SPPC 250

SSB 2,280

UNIL 1,650 +20

UTC-E 125