Accra Bourse Index Slides Again

The Ghana Stock Exchange All-Share Index, the main market indicator, slipped in mid-week trading on Wednesday after it closed unchanged on Monday in dull trading.

The index closed down marginally by 0.05 points to finish 961.00 points from 961.05 points, as the market continued to feel the pressure of heavy bearish sentiments.

The market was generally dull and shares that changed hands fell to 25,500 from 105,400 shares, underscoring the absence of institutional investors.

There were two price changes - one up one down. British American Tobacco gained one cedi at 627 cedis while Ghana Commercial Bank lost one cedi at 1,550 cedis.

Market capitalisation was down slightly at 3,913.82 billion cedis as against 3,913.91 billion cedis at the previous close.