GRi BEF News 29 – 11 - 2001

Stock exchange ends flat for second straight day

Inter-bank exchange rates

 

 

Stock exchange ends flat for second straight day

 

 

Accra (Greater Accra) 29 November 2001 - The GSE-All share Index, the key gauge of the Ghana Stock Exchange, ended flat for the second straight trading day on Wednesday despite a big leap in volume of shares that changed hands.

 

The market index ended 958.13 points and there was no price change despite Guinness Ghana Limited selling 443,000 out of the 461,100 shares traded on Wednesday.

 

This compares with 15,100 shares traded on Monday, a reflection of the poor response to the market during the year. Change for the year is 11.67 per cent.

Market capitalisation also marked time 3,908.25 billion cedis.

Below are the closing prices of listed equities in cedis:

ABL                    320

AGC                18,800

ALW               4,300

BAT                    627

CFAO                  60

EIC                 3,006   

FML                   950

GBL                 1,000

GCB                1,566 

GGL                   901

HFC                   952

MGL                   241

MLC                   145

MOGL             18,001

PAF                    800

PBC                    450

PZ                    1,005  

SCB               20,500

SPPC                  341

SSB                 2,300

UNIL               2,300

CMLT                 430

GRi.../

 

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Inter-bank exchange rates

 

Accra (Greater Accra) 29 November 2001

 

Currency                                    Buying                                    Selling

 

US Dollar                                   7,075.45                                7,272.91

Pound Sterling                          10,032.28                              10,315.90

French Franc                                 954.54                                   980.76

Swiss Franc                                4,293.91                                4,412.65

Deutsche Mark               3,200.60                                3,290.03

Canadian Dollar                          4,442.21                                4,565.36

Japanese  Yen                                 57.26                                   58.84

Dutch Guilder                             2,841.44                                2,919.12

S/African Rand                  712.39                                   730.90

Euro                                           6,261.57                                6,434.97

CFA Franc                                      9.55                                     9.81

Naira                                             64.31                                      66.10

Ecowas/WAUA                          9,039.66                               -----------

GRi.../

 

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