Market index edges up after post-election
dip
Market index edges up after post-election
dip
Accra (Greater Accra) 12 December 2000
The Ghana Stock Exchange (GSE) All-Share Index on Monday inched up in a session that saw total shares traded finishing stronger after their poor showing in the first post-election trading session on Friday.
The All-Share Index opened the week by 0.05 points at 866.58 points from 866.53 points. It dropped 0.13 points a day after the elections despite a 150-cedi gain by Enterprise Insurance Commission (EIC) stocks.
Shares traded finished trading at 68,900 from 18,300. Brokers had said investors were waiting before making any serious investments after the elections.
Investors, however, bid for more stocks on Monday than in the previous session. Bids firmed up to 113,900 from 50,500.
Offers declined by more than a 100,000 from 661,820 to 549,410 shares.
Market capitalisation closed trading higher at 3,650.38 billion cedis compared to 3,650.28 billion cedis.
In the broader market, there were two price gains.
Aluworks Ghana Limited (ALW) gained five cedis to finish trading at 4,155 cedis and Super Paper Products Company (SPPC) made two cedis to reach 257 cedis.
Below are the closing prices of listed equities in cedis:
ABL 630
AGC 18,600
ALW 4,155 +5
BAT 400
CFAO 51
EIC 2,550
FML 900
GBL 1,350
GCB 1,500
GGL 990
HFC 952
MGL 200
MLC 145
MOGL 18,600
PAF 268
PBC 503
PZ 400
SCB 21,500
SPPC 257 +2
SSB 2,100
UNIL 1,670
CMLT 425
GRi…/