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08.09.2004 Business & Finance

Accra bourse slumps again

By GNA

Accra, Sept. 8, GNA - The main index of the Ghana Stock Exchange (GSE) slumped again in trading on Wednesday pushing down the change for the year to under the 100 per cent mark.

The GSE All-Share Index fell by 69.49 points, the second successive fall in as many days, to 7,100.83 points after losses by Cocoa Products Company and Unilever.

Change for the year ended the day at 99.83 per cent from Monday's close of 101.79 per cent.

Traded volumes were higher at 452,200 shares from 173,300 shares on Monday.

On the broader market, there were five price changes, three up and two down.

CPC lost 200 cedis at 1,000 cedis and Unilever was down by 500 cedis at 27,000 cedis.

Benso Oil Palm Company rose by 650 cedis at 6,650 cedis, Enterprise Insurance Company gained 210 cedis at 6,710 cedis and Fan Milk Limited appreciated by five cedis at 11,005 cedis.

Market capitalisation was also lower at 97,407.16 billion cedis from 97,582.62 billion cedis on Monday from 3,415.69 million issued shares.

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

ABL 1,480 AGA 300,000 AADs 3,006 ALW 10,000 BAT 7,800

BOPP 6,650 +650 CFAO 140 CLYD 1,400 CMLT 800

CPC 1,000 -200

EIC 6710 +210

FML 11,005 +5

GBL 1,500 GCB 15,000 GGL 12,700 HFC 10,100 MGL 275 MLC 3,100 MOGL 37,000 PAF 800 PBC 3,600 PZ 4,502 SCB 160,000 SPPC 390 SG-SSB 31,000 SWL 290 TBL 31,400 UNIL 27,00 -00

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