GRi BEF News Ghana 09 - 10 - 2001

Market activities relapse

 

 

Market activities relapse

 

Accra (Greater Accra) 09 October 2001-Trading activities on the Ghana Stock Exchange relapsed on Monday with total shares traded declining from a peak of 2.04 million shares to as low as 20,100 to open the week.

 

Only eight equities out of 22 sold shares as the market again slumped under heavy bearish sentiments from the absence of institutional investors.

 

The GSE All Share Index, however, rose marginally at 0.29 points to open the week at 958.19 points from 957.90 points. Super Paper Products Company (SPPC) registered the only price change at the session. It gained 28 cedis to close 325 cedis.

 

Market capitalisation was up slightly at 3,908.37 billion cedis as compared to 3,907.82 billion cedis at the previous close on Friday.

 

Below are the closing prices of the listed equities in cedis:

ABL                               320              

AGC                            18,800                        

ALW                             4,300                        

BAT                                  625                             

CFAO                                60

EIC                                3,000            

FML                              1,000

GBL                               1,300

GCB                              1,500            

GGL                                 900

HFC                                 950            

MGL                                 240

MLC                                 142                                                            

MOGL                         20,000

PAF                                   800                                               

PBC                                   450

PZ                                   1,000                                                                       

SCB                              20,500                       

SPPC                                 325               +28

SSB                                2,300

UNIL                              2,210                                                           

CMLT                               430                       

GRi…/