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30.03.2005 Business & Finance

GSE'S dismal performance continues with Starwin loss

By GNA

Accra, March 30, GNA - The dismal performance of the Ghana Stock Exchange (GSE) continued on Wednesday in poor trading reflected in all the main indices.

The All-Share Index, the main market Index, closed down by 1.26 points to 6,453.84 after marking time in two successive trading sessions.

Shares that changed hands were mere 55,800, down from Tuesday's 95,000 shares as the bourse continues to struggle under heavy bearish sentiments.

Change for the year slid further into the red at -5.07 per cent. There were two price changes, one either way.

Patterson Zochonis (PZ) was 10 cedis richer at 5,710 cedis but Starwin Products Limited (SPL) was 50 cedis poorer at 700 cedis. Market capitalization was lower at 96,674.86 billion cedis from 96,678.29 billion cedis from 3,663.51 million issued shares.

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

ABL 1,480 AGA 300,000

AADs 3,000 ALW 6,252 BAT 4,500

BOPP 7,000 CAL 3,400 CFAO 255

CLYD 1,300

CMLT 1,400 CPC 800 EIC 8,000

FML 18,000 GBL 1,600 GCB 13,010 GGL 12,500 HFC 8,600 MGL 275 MLC 3,000

MOGL 39,010 PAF 800 PBC 3,300

PZ 5,710 +10

SCB 160,000

SPL 700 -50

SPPC 390

SG-SSB 25,000

SWL 290

TBL 31,000

UNIL 18,000

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