Accra bourse slumps on huge Stanchart loss

Accra, Nov. 29, GNA - A huge loss by Standard Chartered Bank (SCB), the second most highly priced equity on the Ghana Stock Exchange (GSE), saw a slump of the bourse in trading on Tuesday. The GSE All-Share Index lost 24.1 points at 4,851.38 points from Monday's close of 4,875.48 points.

Shares that changed hands ended higher at 229,600 from 54,100 on Monday.

There were only two price changes, one up and one down. SCB lost a whopping 4,000 cedis at 130,000 cedis while Guinness Ghana Breweries Limited gained 40 cedis at 7,700 cedis.

Change for the year plunged further at -28.64 per cent while market capitalisation slumped at 92,075.17 points from 92,138.97 billion cedis from 3,393.18 million issued shares.

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

ABL 1,480 AGA 300,000 AADs 3,000 ALW 5,009 BAT 3,050 BOPP 6,000 CAL 1,900 CFAO 405 CLYD 1,000 CMLT 1,700 CPC 600 EIC 6,850 FML 15,660 GCB 6,747

GGBL 7,700 +40

GWEB 550 HFC 6,500 MLC 2,500 MOGL 38,000 PAF 800 PBC 3,000 PZ 6,500

SCB 130,000 -4,000

SPL 580 SPPC 390 SG-SSB 7,865 SWL 290 TBL 27,900 UNIL 15,500