Stock market stages comeback

Accra, June 27, GNA - The Ghana Stock Exchange main index, the GSE-All Share index, recovered slightly from Monday's huge loss, rising 63.44 points on the back of a 1,000-cedi gain by the Ghana Commercial Bank (GCB), whose huge loss last Monday dragged down the bourse.

The index, which lost 225.16 points on Monday, rallied to close at 5,862.74 compared to 5,799.30 points during the previous trading. The Change Year-To-Date now stands at -13.77 per cent. GCB, which lost 3,400 cedis on Monday, gained 1,000 cedis at 10,000 cedis and Patterson Zochonis appreciated by 100 cedis at 6,400 cedis.

Traded shares were high at 969,800, up from 72,900 shares at the previous close. Market capitalisation was up slightly at 94,543.54 billion cedis compared to 94,375.74 billion cedis on Monday.

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

ABL 1,480

AGA 300,000

AADs 3,000

ALW 5,000

BAT 4,000

BOPP 6,000

CAL 3,200

CFAO 361

CLYD 1,300

CMLT 1,701

CPC 800

EIC 7,000

FML 18,000

GCB 10,000 +1,000

GGBL 12,500

HFC 7,000

MGL 275

MLC 2,700

MOGL 38,000

PAF 800

PBC 3,000

PZ 6,400 +100

SCB 134,000

SPL 720

SPPC 390

SG-SSB 12,500

SWL 290

TBL 27,900

UNIL 16,500