GSE Index slumps as bourse slows down

Accra, Sept. 3, GNA - The GSE-All Share Index, the benchmark index, slumped in trading on Friday as the bourse continued to slow down after big gains in the first half of the year.

The Index went down by 117.38 points to 7,202.63 points while change for the year slipped to 102.70 per cent from 106 per cent. Traded volumes closed higher at 798,300 shares from 248,600 during midweek trading.

On the broader market, there were seven price changes - five up and two down.

Fan Milk Limited (FML) was 1,100 cedis better at 11,000 cedis; Benso Oil Palm Plantation (BOPP) gained 200 cedis at 6,000 cedis; Mobil Oil Ghana Limited (MOGL) was up by 141 cedis at 37,000 cedis; Enterprise Insurance Company (EIC) gained 400 cedis at 6,000 cedis; CFAO appreciated by 10 cedis at 140 cedis. The two losers were Ghana Commercial Bank (GCB), which was down by 1,000 cedis at 15,000 cedis and Cocoa Products Company (CPC), which lost 200 cedis at 1,300 cedis. Market capitalisation stood lower at 97,655.99 billion cedis from 97,951.43 billion cedis.

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

ABL 1,480 AGA 300,000 AADs 3,006 ALW 10,000 BAT 7,800

BOPP 6,000 +200

CFAO 140 +10 CLYD 1,400 CMLT 800

CPC 1,300 -200

EIC 6,000 +400

FML 11,000 +1,100

GBL 1,500

GCB 15,000 -1,000

GGL 12,700 HFC 10,100 MGL 275 MLC 3,100

MOGL 37,000 +141 PAF 800 PBC 3,600 PZ 4,502 SCB 160,000 SPPC 390 SG-SSB 31,000 SWL 290 TBL 31,400 UNIL 27,500