GRi BEF News Ghana 21 - 12 - 2000

 

All-Share Index slumps in slow trading

 

Inter bank exchange rates

 

 

All-Share Index slumps in slow trading

Accra (Greater Accra) 21 December 2000

 

The market index of the Ghana Stock Exchange (GSE) on Wednesday slumped by a huge 9.28 points in a slow market that traded only 12,400 out of 728,220 shares offered.

The All-Share Index closed mid-week trading down at 856.28 points from 865.56 points to bring the change in the year to date to 16.32 per cent.

Four stocks ended trading in the negative shedding between 25 cedis to 90 cedis each.

The exchange recorded total bid of 236,700 with market capitalisation finishing at 3,651.82 billion cedis.

In the broader market, there were four price changes - all declined. Unilever Ghana Limited (UNIL) dropped 70 cedis to close trading at 1,600 cedis. Guinness Ghana Limited (GGL) lost 90 cedis at 900 cedis.

SSB Bank lost 30 cedis to close at 2,019 cedis with Fan Milk Limited (FML) finishing lower at 875 cedis with a 25-cedi lose. The following are the last prices of listed equities in cedis:

ABL                    630

AGC                18,600

ALW               4,250

BAT                    400

CFAO             51

EIC                  2,700

FML                   875               -25

GBL                 1,350

GCB                1,500

GGL                   900               -90

NFC                   952

MGL                   200

MLC                   135

MOGL         18,600

PAF                    267

PBC                    503

PZ                       400

SCB                 21,500

SPPC              260

SSB                 2,019              -30

UNIL            1,600                  -70

CMLT            425

GRi…/

 

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Inter bank exchange rates

Accra (Greater Accra) 21 December 2000

 

The Ghana Association of Bankers, on Wednesday December 20, released the following average inter bank exchange rates of the cedi equivalent to the dollar and derived rates for other major foreign currencies:

Currency                                  Buying                          Selling

 

US Dollar                                 6,778.00                      6,984.73

Pound Sterling                         9,962.30                       10,269.65

French Franc                        927.20                         954.95

Swiss Franc                           4,021.92                   4,143.33

Deutsche Mark          3,108.85                         3,203.76

Canadian Dollar                    4,454.02                          4,586.71

Japanese Yen                      60.06                                   61.87

Dutch Guilder               2,759.95                                 2,842.49

S/African Rand                881.53                                    907.23

Euro                                         6,083.11                                 6,263.89

CFA Franc                                    9.27                                        9.55

Naira                                            67.21                                       9.26

Ecowas/WAUA                              8,729.76                           -----------

GRi…/

 

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