23 May, 2006

Ghana: GSE Index jumps up on Ghana Breweries gain

The main index of the Ghana Stock Exchange (GSE), GSE All-Share Index, jumped up on May 19 on a significant gain by Ghana Guinness Breweries Limited (GGBL), local media posted May 20.

The GSE All-Share Index, the main stock measure, gained 14.31 points at 4,782.78 points from 4,768.47 on May 18. Change for the year to date rose to positive territory at 0.29 per cent from -0.1 per cent.

Shares traded climbed to 1,524,500 from 108,400 on May 18. On the broader market, there were two positive price changes. Guinness Ghana Breweries Limited (GGBL) gained 230 cedis at 8,950 cedis while Enterprise Insurance Company was two cedis better at 7,255 cedis.

Market capitalisation was higher at 92,435.97 billion cedis from 92,398.05 billion cedis.

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