Bourse index continues to fall on GCB loss

Accra, Aug. 3, GNA - A continuous loss by Ghana Commercial Bank (GCB) on Wednesday contributed to another slide in the main indices of the Ghana Stock Exchange during trading on Wednesday. The GSE All-Share Index, the main market indicator, fell by 65.21 points to close at 4,906.95 points. Change for the year-to-date slid further in the red at -27.82 per cent.

On the broader market there were seven price changes - four up and three down.


Ghana Commercial Bank (GCB) lost 500 cedis at 7,500 cedis; British America Tobacco (BAT) lost 400 cedis at, 3,600 cedis and Cocoa Processing Company (CPC) was 75 cedis poorer at 675 cedis. The gainers were: Camelot Limited (CMLT) with 50 cedis rise at 1,800 cedis; Societe-General Social Security Bank (SG-SSB) was richer by 11 cedis at 7,522 cedis; French Company of West Africa (CFAO) was two cedis higher at 382 cedis while Fan Milk Limited (FML) gained one cedis at 15,002 cedis.


Shares traded were 112,900 while Market capitalisation was 91,935.64 billion cedis from 3,382.54 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 5,000


BAT 3,600 -400


BOPP 6,000 CAL 2,200

CFAO 382 +2


CLYD 1,300


CMLT 1,800 +50


CPC 675 -75


EIC 5,000 FML 15,002 +1 GCB 7,500 -500 GGBL 6,000 HFC 7,000 MLC 2,500 MOGL 38,000 PAF 800 PBC 3,000 PZ 6,400 SCB 134,000 SPL 650 SPPC 390 SG-SSB 7,522 +11 SWL 290 TBL 27,900 UNIL 16,500