Business News of Thursday, 20 May 1999

Source: --

Market records active trading

Accra (Greater Accra) 20 May '99

Trading on the Stock Market was active on Wednesday but there was only one gainer at the end of the day.

The All-Share Index inched up by 0.75 points to close the day at 818.97 on the strength of a 10-cedi gain by Guinness Ghana Limited (GGL) which closed at 920 cedis.

Market capitalisation finished slightly higher at 3,320.78 billion cedis, up from 3,319.61 billion cedis.

Shares posted on the bourse moved up from 2,089,510 shares to 5,901,900 shares with bids also finishing higher at 3.3 million from 663,600 shares.

Total shares traded were higher at 2.3 million shares compared to Monday's 121,400 shares.

SSB Bank (SSB) sold 1,780,400 shares Aluworks Limited, 501,500 shares with British American Tobacco, Fan Milk Limited, Ghana Breweries Limited, Ghana Commercial Bank, Guinness Ghana Limited and Unilever selling between 22,500 and 100 shares

 

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

ABL 650

AGC 18,700

ALW 2,800

BAT 380

CFAO 50

EIC 2,000

FML 1,250

GBL 1,900

GCB 1,000

GGL 920 +10

HFC 750

MGL 225

MLC 215

MOGL 16,800

PAF 345

PZ 850

SCB 24,000

SPPC 244

SSB 1,660

UNIL 1,740

UTC-E 125