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GSE dips as mixed fortunes continue

Mon, 19 Jul 2004 Source: GNA

Accra, July 19, GNA - The Ghana Stock Exchange opened on a low note on Monday as the bourse continued to witness mixed fortunes on account of poor share price performance.

The GSE All-Share Index, the benchmark measure, dipped 18.05 points to close at 7,052.02 points, pulled down by losses of British American Tobacco and Aluworks.


Change for the year to date fell to 98.46 points.


Total shares traded, however, went up to 9.2 million shares, thanks to a block trade in Accra Brewery Limited shares. The equity alone sold 8.9 million shares.


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


Accra Brewery Limited gained five cedis at 1,305 cedis, Clydstone went up by 51 cedis at 1,051 cedis and Patterson Zochonis was 365 cedis richer to close at 4,015 cedis.


The losers were Aluworks, which lost 100 cedis at 12,100 cedis and British American Tobacco, which shed 800 cedis at 7,000 cedis. Market capitalisation was 97,052.17 billion cedis from 3,380.2 million shares.


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

ABL 1,305 +5


AGA 300,000


AADs 3,006


ALW 12,100 -100


BAT 7,000 -800


CFAO 118


CLYD 1,051 +51

CMLT 780


CPC 1,950


EIC 3,612


FML 8,000


GBL 1,500


GCB 17,000


GGL 12,750

HFC 10,100


MGL 275


MLC 3,100


MOGL 42,110


PAF 800


PBC 3,600


PZ 4,015 +365

SCB 100,000


SPPC 390


SG-SSB 31,752 SWL 290 TBL 31,500


UNIL 25,500

Source: GNA
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