GRi BEF News 26-10-99

Low trading on the Market

Nsoatreman Rural Bank donates region's anniversary

 

Low trading on the Market

Accra (Greater Accra), 26th October 99

Trading on the Ghana Stock Exchange (GSE) on Monday recorded one of the lowest sessions this year, with all the equities failing to register price changes.

The GSE All-Share Index also recorded a zero point change to remain at 761.71 points from Friday's close.

Total shares traded was low at 61,400 on the back of significant trading in the shares of Unilever Ghana Limited, (UNIL), British American Tobacco (BAT) and CFAO.

The change in year to date ended at a negative 12.28 per cent.

Market capitalisation was fixed at 3,241.17 billion cedis at the previous 3,241.17 billion on Friday.

Total shares on demand closed at 200,300 while offers ended on a high note at 1.8 million.

All the other equities remained at their previous prices.

The following are the last prices of listed equites:

ABL 400

AGC 18,700

ALW 2,495

BAT 440

CFAO 40

EIC 1,880

FML 1,000

GBL 1,500

GCB 850

GGL 990

HFC 750

MGL 220

MLC 170

MOGL 15,850

PAF 270

PZ 800

SCB 19,750

SPPC 180

SSB 1,980

UNIL 1,870

UTC-E 125

CMLT 420

GRi

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Nsoatreman Rural Bank donates region's anniversary

Sunyani (Brong Ahafo), 26th October 99

The Nsoatreman Rural Bank has donated a cheque for one million cedis and 100 T-shirts, estimated at one million cedis to support the 40th anniversary celebrations of the Brong Ahafo Region.

Mr. Yaw Wiredu-Peprah, the Legal Adviser, who made the presentation on behalf of the bank's Board of Directors, said that the bank "feels proud to be associated with the anniversary celebrations".

He said the bank is assisting a number of junior and senior secondary students in the region as its "widow's mite" towards the upliftment of educational standards in the area.

The General Manager of the bank, Mr. Yaw Sarpong, called on people in the region to patronise the six branches of the bank to enable it to make similar contributions in the future.

Receiving the gift, Mr. Donald Adabre, Brong Ahafo Regional Minister, thanked the bank for its gesture and called on other rural banks in the region to contribute towards the success of the anniversary celebration.

GRi

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