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14.07.2004 Business & Finance

Key indicators on Accra Bourse continue to slide

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Accra, July 14, GNA - Key indicators of the Ghana Stock Exchange continued their downward slide on Wednesday, pulled down by Ghana Commercial Bank, the second most capitalised equity on the bourse. Ghana Commercial Bank lost 1,000 cedis to bring down the GSE All-Share Index by a whopping 40.01 points, the second successive loss in the week, to close at 7,057.89 points.

Change for Year to date also dipped slightly at 98.62 per cent. Total shares traded equally fell to close at 318,800 shares from 635,800 shares registered on Monday.

Market capitalisation dropped to 96,991.72 billion cedis from 97,094.27 billion cedis on 3,359.67 million issued shares. On the broader market, there were five price changes - four positive and a negative.

Accra Brewery Limited (ABL) was up 100 cedis at 1,300 cedis, Enterprise Insurance Company (EIC) gained 10 cedis at 18,060 cedis, Guinness Ghana Limited (GGL) continued its price surge ahead of a merger with Ghana Brewery Limited with a gain of 20 cedis at 12,720 cedis and Standard Chartered Bank was richer by 1,996 cedis at 98,000 cedis. Ghana Commercial Bank lost 1,000 cedis to close 17,000 cedis.

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

ABL 1,300 +100

AGA 300,000

AADs 3,006

ALW 12,200

BAT 7,800

CFAO 115

CLYD 920

CMLT 780

CPC 1,950

EIC 18,060 +10

FML 8,000

GBL 1,500

GCB 17,000 -1,000

GGL 12,720 +20

HFC 10,100

MGL 275

MLC 3,100 MOGL 42,110 PAF 770 PBC 3,600 PZ 3,650

SCB 98,000 +1,996

SPPC 390 SG-SSB 31,752 SWL 290 TBL 31,500 UNIL 24,500