Stock Index slumps as poor showing of bourse continues

Accra, June 8, GNA - The key indicator of the Ghana Stock Exchange, the All-Share Index dropped by .55 points from 6,033.06 points to 6,032.51 points during Wednesday trading as investors continued to shy away from the market.

Change for the year to date went further into the red at - 11.27 per cent. There were two price changes - one positive and one negative. Paterson Zochonis (PZ) gained one cedi at 6,001 cedis while Starwin Products Limited (SPL) lost 20 cedis at 700 cedis. Market capitalisation went down from 95,004.26 billion cedis on Monday to 95,002.81 billion cedis. Traded volumes also sunk to 73,900 from Monday's 161,200 shares.

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

 ABL  1,480 AGA    300,000 AADs     3,000 ALW  5,000 BAT  4,500 BOPP     6,000 CAL  3,200 CFAO      352 CLYD     1,300 CMLT     1,600 CPC     800 EIC      7,500 FML  18,000 GCB  12,400 GGBL     12,500 HFC  7,000 MGL   275 MLC  2,700 MOGL     38,000 PAF   800 PBC  3,000 PZ  6,001      +1 SCB    134,000 SPL   700 -20 SPPC      390 SG-SSB    25,000 SWL   290 TBL  27,900 UNIL     17,000