Market dragged down by big GCB loss

Accra, June 27, GNA - A whopping loss by Ghana Commercial Bank (GCB) on Monday dragged down the Ghana Stock Exchange (GSE), which saw one of its biggest one-day losses.

The GSE All-Share Index, the main market indicator, slumped by 225.16 points to end trading at 5,799.30 points from 6,024.46 points. The Change Year-To-Date was poorer at -14.70 per cent. GCB lost 3,400 cedis at 9,000 cedis while British American Tobacco was 500 cedis poorer at 4,000 cedis


Total shares that changed hands were down slightly at 72,900 shares from 74,000 during the previous trading. Market capitalisation ended lower at 94,375.74 billion cedis from 94,971.31 billion cedis on Friday.


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 4,000 -500


BOPP 6,000


CAL 3,200


CFAO 361


CLYD 1,300


CMLT 1,701


CPC 800

EIC 7,000


FML 18,000


GCB 9,000 -3,400


GGBL 12,500


HFC 7,000


MGL 275


MLC 2,700

MOGL 38,000


PAF 800


PBC 3,000


PZ 6,300


SCB 134,000


SPL 720


SPPC 390

SG-SSB 12,500


SWL 290


TBL 27,900


UNIL 16,500