GSE falls on GCB loss

Accra, Sept. 22, GNA - The GSE All-Share Index, the main market gauge of the Accra Bourse, fell on Wednesday on the loss of blue chip Ghana Commercial Bank as bearish sentiments continued to cloud the market.

The index was down by 21.14 points in midweek trading to bring the index to 7,090.29 points.

Shares that changed hands went up to 220,200 from Monday's 71,600 shares but market capitalisation closed lower at 97,437.40 billion cedis from 97,491.38 billion cedis.

Change year to date also slipped under the 100 per cent mark to 99.53 per cent from 100.13 per cent.

There were five price changes, four up one down.

Ghana Commercial Bank lost 500 cedis at 13,500 cedis. Benso Oil Palm Plantation continued its good run by adding 530 cedis to its price at 10,050, Fan Milk Limited made 400 cedis at 13,000 cedis, CFAO made six cedis at 160 cedis and Enterprise Insurance Company was five cedis better at 8,005 cedis.

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 10,050 +530

CFAO 160 +6

CLYD 1,300 CMLT 800 CPC 1,000

EIC 8,005 +5

FML 13,000 +400

GBL 1,500

GCB 13,500 -500

GGL 12,700 HFC 10,100 MGL 275 MLC 3,100 MOGL 37,511 PAF 800 PBC 3,600 PZ 4,550 SCB 170,000 SPPC 390 SG-SSB 31,000 SWL 290 TBL 31,400 UNIL 25,000