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Stock market continues to struggle

Mon, 3 Oct 2005 Source: GNA

Accra, Oct. 3, GNA - The Accra bourse continued to struggle as the main stock index inched up by a mere 0.02 points in another dull session.

The GSE All-Share Index, the main stock gauge, ended at 4,878.31 from 4,878.29 points on Friday.

Change for the year-to-date remained the same at -28.25 per cent. Fan Milk Limited (FML) and Enterprise Insurance Company (EIC) were the only gainers. FML rose by one cedi at 15,606 cedis and EIC was five cedis better at 6,040 cedis.

Shares that changed hands slumped to 30,400 from 2,895,800 shares on Friday buoyed by a block trade in Mobil Oil Ghana Limited. Market capitalisation went up at 92,129.90 billion cedis from Friday's close of 92,129.75 billion cedis.

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 3,000 BOPP 6,000 CAL 2,000 CFAO 405 CLYD 1,300 CMLT 1,800 CPC 600

EIC 6,040 +5

FML 15,606 +1

GCB 6,750 GGBL 7,300 GWEB 550 HFC 7,000 MLC 2,500 MOGL 38,000 PAF 800 PBC 3,000 PZ 6,407 SCB 134,000 SPL 600 SPPC 390 SG-SSB 7,865 SWL 290 TBL 27,900 UNIL 15,500

Source: GNA