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Ghana bourse down, Guinness active

Tue, 18 May 1999 Source: Reuters

01:49 p.m May 17, 1999 Eastern

ACCRA, May 17 - The Ghana Stock Exchange extended its fall on Monday, with Guinness Ghana Ltd dominating volume, the bourse report showed.

The all-share index fell just 0.46 points to 818.22, while volume fell back to 121,400 shares traded, for a total of 211 million cedis ($88,000).

The most active stock, Guinness, was unchanged at 910 cedis and represented 82 percent of overall volume on Monday.

Mobil Oil Ghana Ltd erased Friday's gains, dropping back 200 cedis to 16,800. Unilever fell 10 to 1,740.

The only riser was SSB bank, up 10 to 1,660 for just 1,500 shares traded.

($-2,400 cedis)

Source: Reuters