GSE All-Share Index maintains positive climb

Accra (Greater Accra) 13 Dec. '99

The All-Share Index of the Ghana Stock Exchange (GSE) on Friday maintained its positive climb to close the week stronger but other market indicators declined by heavy margins.

The All-Share Index, the main market indicator, recorded a modest gain of 0.18 points to close at 746.21 from the mid-week close of 746.03 points.

The change in the year to date was up by 0.02 per cent at negative 14.07 per cent.

Total shares traded slumped from a high of 372,800 shares on Wednesday to 18,500 shares from 11 equities, with demand also closing down at 91,200 shares from 421,600 shares.

Shares posted on the bourse declined to 528,930 shares compared to 936,930 shares put on display by investors at the previous trading session.

Market capitalisation, however, gained by a small margin to close the week up at 3,221.24 billion cedis from 3,220.95 billion cedis.

In the broader market, there were two price changes - one gain and a loss.

Accra Breweries Limited (ABL) closed trading richer by six cedis at 456 cedis while Aluworks Company Limited (ALW) lost one cedi to finish trading down at 2,489 cedis.

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

ABL 456 +6

AGC 18,700

ALW 2,489 -1

BAT 470

CFAO 38

EIC 1,880

FML 900

GBL 1,450

GCB 760

GGL 950

HFC 750

MGL 200

MLC 150

MOGL 15,000

PAF 300

PZ 800

SCB 19,700

SPPC 150

SSB 1,980

UNIL 1,860

UTC-E 125

CMLT 420

GRi./