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12.07.2004 Business & Finance

Accra Bourse index begins week on weak note

By GNA

Accra, July 12, GNA - The Ghana Stock Exchange (GSE) main index fell by 2.47 points on Monday dragged down by a 50-cedi loss by Produce Buying Company in a dull market to open the week down at 7,097.90 from 7,100.37 points on Friday.

Total shares that changed hands, however, rose to 635,800 shares from 74,800 shares recorded on Friday.

Change for the year is now 99.75 per cent.

Market capitalisation was lower at 97,094.27 billion cedis compared to Friday's close of 97,099.69 billion cedis.

On the broader market, there were six price changes-five positive and a negative.

Accra Brewery Limited (ABL) was up 15 cedis at 1,200 cedis, Clydstone gained five cedis at 920 cedis, Fan Milk went up by 100 cedis at 8,000 cedis, Guinness Ghana Limited (GGL) gained 100 cedis at 12,700 cedis, and Standard Chartered Bank was richer by three cedis at 96,005 cedis.

Produce Buying Company was the only loser, shedding 50 cedis to close at 3,600 cedis.

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

ABL 1,200 +15 AGA 300,000 AADs 3,006 ALW 12,200 BAT 7,800 CFAO 115

CLYD 920 +5

CMLT 780

CPC 1,950

EIC 18,050

FML 8,000 +100 GBL 1,500 GCB 18,000

GGL 12,700 +100

HFC 10,100 MGL 27 MLC 3,100

MOGL 42,110 PAF 770

PBC 3,600 -50 PZ 3,650 SCB 96,005 +3

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

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