Market index declines as other indicators soar

Accra, (Greater Accra) 6th May ?99,

The Ghana Stock Market All-Share Index on Wednesday declined in the face of losses incurred by three equities.

The GSE All-Share index, the main market indicator, lost 1.7 points to close at 819.18 points, down from Monday's 820.88 points.

Market capitalisation also finished lower at 3,321.11 from the previous close of 3,323.78.

Total shares traded, however, ended higher at 474,110, up from 32,220 shares. Offers and bids also closed higher at 2.4 million and one million shares, up from 2.2 million and 237,100 shares respectively.

In the broader market, there were no gainers but three losers.

Mechanical Lloyd Ghana Limited (MLC) lost 30 cedis at 215 cedis while SSB Bank (SSB) and Enterprise Insurance Company (EIC) lost 20 cedis and 10 cedis to finish midweek trading at 1,650 and 2,000 cedis respectively.

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

ABL 650

AGC 18,700

ALW 2,800

BAT 400

CFAO 56

EIC 2,000 -10

FML 1,250

GBL 1,900

GCB 1,000

GGL 910

HFC 750

MGL 225

MLC 215 -30

MOGL 16,800

PAF 348

PZ 850

SCB 24,000

SPPC 244

SSB 1,650 -20

UNIL 1,750

UTC-E 125

GRi?/