Market index takes another plunge

Accra, Jan. 9, GNA - Two heavy losses on the Ghana Stock Exchange on Monday saw the market index take another plunge to begin the week down by 18.25 points.

The All-Share Index opened the week down at 4,706.76 points from Friday's closing figure of 4,725.01 points.

The change in the year-to-date was -1.31 per cent with the market capitalisation closing at 91,692.46 billion cedis, down from 91,740.94 billion cedis.

Shares traded continued to be low but increased from 27,900 to 29,400 shares.

On the broader market, there were three price changes, one positive and two negative.

Accra Breweries Limited (ABL) lost 70 cedis at 1,230 cedis while Cal Bank (CAL) shed 200 cedis to finish the day at 1,800 cedis. Guinness Ghana Breweries Limited gained one cedi again at 7,753 cedis.

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

ABL 1,230 -70

AGA 300,000 AADs 3,000 ALW 5,003 BAT 3,050 BOPP 5,500

CAL 1,800 -200

CFAO 400 CLYD 1,000 CMLT 1,700 CPC 600 EIC 6,857 FML 15,800 GCB 6,200

GGBL 7,752 +1

GWEB 550 HFC 6,000 MLC 2,500 MOGL 38,000 PAF 800 PBC 3,000 PZ 6,500 SCB 130,000 SPL 570 SPPC 390 SG-SSB 7,000 SWL 290 TBL 27,000 UNIL 15,400