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Business News Fri, 22 Sep 2006

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Accra bourse slides on Clydestone loss

Accra, Sept. 22, GNA - The Ghana Stock Exchange (GSE) slid in trading on Friday on the loss of Socite-General SSB Bank and Clydestone. The GSE All-Share Index, the main bench mark, went down by 1.33 points at 4,958.88 points from 4,960.21 points while change for the year was 3.98 per cent.

Shares traded were 532,200 with CAL Bank selling 307,600 shares while ECOBANK Trans-national Incorporated sold 116,200 shares. On the broader market there were five price changes, two negative and three positive.


Clydestone lost 200 cedis at 800 cedis and SG-SSB lost eight cedis at 6,740 cedis.


ECOBANK Ghana, Enterprise Insurance Company and Standard Chartered Bank gained a cedi each at 12,051 cedis; 8,424 cedis and 150,001 cedis in that order.


Total shares that changed hands ended at 532,200 while market capitalisation stood at 111,487.82 billion cedis.


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

ABL 1,150 AGA 300,000 ALW 7,004 AYTTN 891 BAT 3,160 BOPP 5,500 CAL 1,800 CFAO 399


CLYD 800 -200


CMLT 1,700 CPC 538


EBG 12,051 +1


EIC 8,424 +1

ETI 22,701 FML 16,160 GCB 6,150 GGBL 9,250 GWEB 550 HFC 5,400 MLC 2,500 PAF 800 PBC 2,800


PZ 6,611


SCB 150,001 +1


SPL 550 SPPC 390 SG-SSB 6,740 -8 SWL 265 TBL 27,000 TOTAL 54,001 UNIL 15,000

Source: GNA

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