Business News of Thursday, 11 April 2002

Source: gna

GSE index barely moves up in quiet trading

The GSE All-Share Index barely moved in quiet trading on Wednesday as it inched up by only 0.08 points, thanks to a one-cedi gain by Ghana Commercial Bank (GCB).

The Index, which is the main market gauge, ended at 1,020.61 points from 1,020.53 points on Monday. Total number of shares traded slumped to only 24,000 from 10,765,400 shares that changed hands on Monday.

On the broader market, there was only one price change - a one cedi gain by GCB at 1,701 cedis. The change for the year remained at 6.76 per cent while market capitalisation went up to 4,009.72 billion cedis from 4,009.55 billion cedis.

The following are the closing prices of the equities in cedis:

ABL 327

AGC 18,800

ALW 4,300

BAT 637

CFAO 60

EIC 3,126

FML 1,000

GBL 1,000

GCB 1,701 +1

GGL 910

HFC 950

MGL 250

MLC 147

MOGL 18,805

PAF 750

PBC 450

PZ 1,200

SCB 20,500

SPPC 361

SSB 2,705

UNIL 2,901

CMLT 430