GRi Business, Economic & Finance 16 – 04 - 2002

 

 

GSE index remains strong, thanks to GCB surge

           

Accra (Greater Accra) 16 April 2002- The GSE All-Share Index remained strong on Monday, thanks to a surge in the price of Ghana Commercial Bank (GCB), which was the only gainer on the market. The equity gained 47 cedis to end at 1,750 cedis and lifted the GSE All-Share index by four points to 1,025.63 from 1,021.63 points.

 

Only three equities sold shares on Monday with GCB selling nearly all the 354,900 shares that changed hands. It sold 351,900, Pioneer Aluminium Factory (700) and Standard Chartered Bank (2,300).

 

Change for the year rose to 7.29 per cent from 6.87 per cent and market capitalisation was also higher at 4,019.44 billion cedis from 4,011.68 billion cedis. The following are the closing prices of the equities in cedis:

 

ABL                    327              

AGC            18,800

ALW               4,300                                     

BAT                    645              

CFAO                 60

EIC                  3,201                                     

FML                1,000 

GBL                 1,000

GCB                1,750              +47

GGL                   910              

HFC                   950              

MGL                   250

MLC                   147                          

MOGL         18,805                            

PAF                    750              

PBC                    450

PZ                    1,200                                                                                     

SCB             20,500                

SPPC                  365              

SSB                 2,706                                                             

UNIL               2,910             

CMLT                430

GRi…/

 

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