Market dragged down by big GCB loss

Accra, June 27, GNA - A whopping loss by Ghana Commercial Bank (GCB) on Monday dragged down the Ghana Stock Exchange (GSE), which saw one of its biggest one-day losses.

The GSE All-Share Index, the main market indicator, slumped by 225.16 points to end trading at 5,799.30 points from 6,024.46 points. The Change Year-To-Date was poorer at -14.70 per cent. GCB lost 3,400 cedis at 9,000 cedis while British American Tobacco was 500 cedis poorer at 4,000 cedis

Total shares that changed hands were down slightly at 72,900 shares from 74,000 during the previous trading. Market capitalisation ended lower at 94,375.74 billion cedis from 94,971.31 billion cedis on Friday.

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

ABL 1,480

AGA 300,000

AADs 3,000

ALW 5,000

BAT 4,000 -500

BOPP 6,000

CAL 3,200

CFAO 361

CLYD 1,300

CMLT 1,701

CPC 800

EIC 7,000

FML 18,000

GCB 9,000 -3,400

GGBL 12,500

HFC 7,000

MGL 275

MLC 2,700

MOGL 38,000

PAF 800

PBC 3,000

PZ 6,300

SCB 134,000

SPL 720

SPPC 390

SG-SSB 12,500

SWL 290

TBL 27,900

UNIL 16,500