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09.08.2004 Business & Finance

Stock index falls on Cocoa Products Company loss

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Accra, Aug. 9, GNA - The main index of the Ghana Stock Exchange (GSE) fell in a quiet trading on Monday on account of the loss by Cocoa Products Company (CPC).

The GSE All-Share Index lost 15.99 points to bring it down to 7,340.69 points in trading that saw 125,400 shares changing hands from Friday's close of 743,700.

Change for the year was also down at 106.58 per cent from 107.03 per cent during the previous trading.

Market capitalisation also opened the week lower at 97,818.77 billion cedis from 97,859.75 billion cedis on Friday. On the broader market there were three price changes - two up one down.

Accra Brewery Limited gained five cedis at 1,460 cedis and Clydstone continued its impressive run with a 25-cedi gain at 1,545 cedis while Cocoa Products Company lost 50 cedis at 1,900 cedis.

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

ABL 1,460 +5 AGA 300,000 AADs 3,006 ALW 12,100 BAT 7,800 CFAO 130 CLYD 1,545 +25 CMLT 780 CPC 1,900 -50

EIC 3,700 FML 9,500 GBL 1,500 GCB 16,000 GGL 12,750 HFC 10,100 MGL 275 MLC 3,100 MOGL 36,858 PAF 800 PBC 3,600 PZ 4,015 SCB 140,000 SPPC 390 SG-SSB 31,750 SWL 290 TBL 31,400 UNIL 27,500