GRi BEF News Ghana 02 – 08 - 2001

 

Accra Bourse Index slumps back into modest gain

 

 

Accra Bourse Index slumps back into modest gain

Accra (Greater Accra) 02 August 2001

 

The Ghana Stock Exchange All-Share Index, was up with a modest 1.44 points to close mid-week trading at 1,025.78 points compared to 1,024.34 points on Monday.

The index, which leapt a huge 87.27 points on Monday, through Aluworks bonus issue of two new shares, slumped back to its slow pick-up as bearish sentiments continued to dominate the market.

Total volumes fell sharply to 56,600 shares from 1.16 million shares on

Monday. Camelot, which led the rally on Monday with a sale of 1.15 million shares to its institutional investors, could not make any sales at mid-week.

There were two price changes - all positive. Fanmilk (FML) gained 130 cedis to close at 1,000 cedis and Mobil Oil Ghana Limited (MOGL) made 50 cedis at 19,700 cedis.

Market capitalisation appreciated at 3,998.94 billion from 3,959.29 billion cedis at the previous close.

Below are the closing prices of listed equities:

ABL              630

AGC        18,500

ALW         8,000

BAT           550

CFAO          60

EIC           2,890

FML         1,000                      +130               

GBL          1,300

GCB       1,600                                   

GGL            900

HFC            952

MGL            240

MLC            130

MOGL  19,700                        +50       

PAF           523                       

PBC           450

PZ              640

SCB        21,000

SPPC           350

SSB          2,300

UNIL        1,820                     

CMLT       425

GRi…/

 

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