GRi BEF News 04 - 11 - 99

All-Share Index records slight gain at mid-week trading

All-Share Index records slight gain at mid-week trading

Accra (Greater Accra), 4th November 99

The Ghana Stock Exchange (GSE) All-Share Index inched up on Wednesday to close mid-week trading at 758.98 points from 758.82 points, after a spate of continuous decline.

The All-Share Index gained 0.16 points bringing the change in year to date to negative 12.59 per cent.

Market indicators, however, closed mid-week trading lower, declining by huge margins compared to figures recorded at the beginning of the week's trading.

Total shares traded finished lower at 50,800 shares compared to the previous high of 2.7 million shares while shares posted on the bourse also closed the day down at 1.3 million from 4.1 million shares.

Demand also closed significantly lower at 95,200 shares from 3.1 million shares.

Market capitalisation went up by a small margin from 3,236.62 billion cedis to 3,236.88 billion cedis.

In the broader market, there were two price changes - Pioneer Aluminium Factory (PAF) gained 20 cedis to close mid-week trading at 290 cedis while Aluworks Company Limited (ALW) lost five cedis at 2,490 cedis.

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

Company

Share Price (Cedis)

Change

ABL

400

 

AGC

18,700

 

ALW

2,490

-5

BAT

500

 

CFAO

40

 

EIC

1,880

 

FML

1000

 

GBL

1500

 

GCB

840

 

GGL

950

 

HFC

750

 

MGL

220

 

MLC

150

 

MOGL

15,799

 

PAF

290

+50

PZ

800

 

SCB

19700

 

SPPC

180

 

SSB

1,980

 

UNIL

1,870

 

UTC-E

125

 

CMLT

420

 

GRi…/