All-Share Index plunges in active market

Accra (Greater Accra) 24 June ?99

The Ghana Stock Exchange (GSE) All-Share Index on Wednesday plunged again as a result of high losses by some equities but active trading on the bourse saw other indicators inching up.

The All-Share Index closed mid-week trading at 788.17 as it lost by 3.62 points. It closed at 791.79 on Monday.

The change in the year to date stood at a negative 9.23 per cent.

Volume of shares traded ended higher at 130,600 shares up from Monday's 93,500 shares while demand was up at 403,200 shares compared to the previous 269,500 shares.

Offers were higher at 3.4 million as against 3.1 million shares posted on Monday.

Market capitalisation, however, closed down at 3,280.21 billion cedis from 3,285.89 billion cedis.

In the broader market, five equities made losses. There was no price appreciation.

Aluworks Company Limited (ALW) lost 100 cedis to close trading at 2,700 cedis while Mechanical Lloyd Company (MLC) lost 15 cedis to finish at 200 cedis.

Standard Chartered Bank (SCB), the highest priced equity, lost 199 cedis to close trading at 22,300 cedis.

Super Paper Product Company (SPPC) and Unilever Company Limited (UNIL) lost 14 cedis and five cedis to finish the session at 230 cedis and 1,730 cedis respectively.

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

ABL 600

AGC 18,700

ALW 2,700 -100

BAT 380

CFAO 40

EIC 1,990

FML 1,250

GBL 1,890

GCB 800

GGL 925

HFC 750

MGL 225

MLC 200 -15

MOGL 16,800

PAF 300

PZ 850

SCB 22,300 -199

SPPC 230 -14

SSB 1,910

UNIL 1,730 -5

UTC-E 125