GSE All-Share Index virtually stalls in trading

Accra (Greater Accra), 19 February 2000

The Ghana Stock Exchange All-Share Index virtually stalled in trading on Friday which saw weak price changes in two equities but a healthy sale of Unilever (UNIL) shares.

The GSE All-Share Index, the main market indicator, inched up by 0.03 points to 742.18 points as the bourse continues to struggle to shrug off its bearish sentiments. The change to date now stands at 0.82 per cent.

UNIL sold 721,000 out of 761,700 on offer. A total of 743,900 shares changed hands in Friday's trading.

Total offers of 1,314,640 shares were nearly twice the total number shares traded. Total shares demanded stood at 2,172,500.

On Wednesday, total shares traded stood at 37,300, bids were 59,100 and offers were 1,214,360.

Market capitalisation was 3,214.90 billion cedis, marginally up from Wednesday's 3,214.87 billion cedis.

On the broader market, CFAO gained one cedi at 39 cedis while Fan Milk Limited lost one cedi at 935 cedis.

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

ABL 470

AGC 18,700

ALW 2,489

BAT 466

CFAO 39 +1

EIC 1,880

FML 935 -1

GBL 1,450

GCB 760

GGL 974

HFC 755

MGL 200

MOGL 14,500

PAF 294

PZ 800

SCB 19,200

SPPC 150

SSB 1,980

UNIL 1,850

UTC-E 125

CMLT 421

GRi