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Slow business on Accra bourse as year winds down

Wed, 18 Dec 2002 Source: GNA

The Accra bourse continued to register slow business as the year winds down and institutional investors continued to adopt a wait and see attitude.

GSE-All Share Index, the main gauge of the Accra bourse, barely inched up by 0.09 points to 1,376.75 points from 1,376.66 points on Monday with only one equity - Unilever - registering a price change.


It ended trading three cedis richer at 4,805 after selling only 3,100 shares.


Traded volumes slumped by about half to 127,700 from 322,100 shares on Monday with Ghana Commercial Bank selling 118,400 shares. Only five of the 24 listed equities sold shares.


Market capitalisation now stands at 5,137.44 billion cedis from 5,137.26 billion on Monday.


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


ABL 390

AGC 18,807


ALW 3,700


BAT 1,001


CFAO 67


EIC 4,600


FML 1,785

GBL 500


GCB 3,516


GGL 1,046


HFC 955


MGL 254


MLC 270

MOGL 19,730


PAF 750


PBC 390


PZ 2,001


SCB 28,002


SPPC 387

SSB 3,966


SWL 285


TBL 4,850


UNIL 4,805 +3


CMLT 460

Source: GNA