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GSE poor performance continues with another slide

Tue, 8 Mar 2005 Source: GNA

Accra, March 8, GNA - The poor performance of the Accra bourse continued in trading on Tuesday with another slide in the figures of the main indices of the bourse.

The Ghana Stock Exchange (GSE), the main stock index, took another beating, plummeting by 38.6 points to 6,642.04 as bearish sentiments continued to dominate.


Change for the year was also poorer at -2.30 per cent There were two price changes, both negative. The good run of Benso Oil Palm Plantation Limited ended with a 500 - cedi loss at 7,000 cedis while Standard Chartered Bank was 5,000 cedis poorer at 160,000 cedis.


Shares traded closed lower at 179,900 from 1.262 million on Friday. Market capitalisation was also down at 97,188.60 billion cedis.


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


ABL 1,480 AGA 300,000 AADs 3,000 ALW 6,000 BAT 4,500

BOPP 7,000 -500


CAL 3,400 CFAO 255 CLYD 1,300 CMLT 1,290 CPC 1,000 EIC 8,000 FML 18,000 GBL 1,600 GCB 13,010 GGL 12,500 HFC 9,500 MGL 275 MLC 3,000 MOGL 39,010 PAF 800 PBC 3,300 PZ 5,400


SCB 160,000 -5,000


SPL 750 SPPC 390 SG-SSB 27,000 SWL 290 TBL 31,000 UNIL 20,000

Source: GNA
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