GCB loss drags down bourse

Accra, Oct. 13, GNA - A 500-cedi loss by Ghana Commercial Bank (GCB) in trading on Wednesday dragged down the bourse despite another good performance by Fan Milk Limited (FML).

The GSE All-Share Index, the main market index, lost 24.97 points to 6,997.60 points on account of the GCB loss. Change for the year ended at 96.93 per cent.


GCB slumped to 13,000 cedis while FML gained 900 cedis at 18,500 cedis and Mobil Oil Ghana Limited was up by one cedi at 38,001 cedis. Total number of shares that changed hands ended at 164,000 while market capitalisation closed at 97,197.13 billion cedis from 3,425.70 million issued shares.


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


ABL 1,480


AGA 300,000


AADs 3,006


ALW 10,000

BAT 7,800


BOPP 10,500


CFAO 162


CLYD 1,300


CMLT 800


CPC 1,000


EIC 8,000

FML 18,500 +900


GBL 1,500


GCB 13,000 -500


GGL 12,700


HFC 10,100


MGL 275


MLC 3,100

MOGL 38,001 +1


PAF 800


PBC 3,600


PZ 4,555


SCB 170,000


SPPC 390


SG-SSB 27,000

SWL 290


TBL 31,400


UNIL 25,000