GRi BEF News 16-11-99

GSE All-Share Index goes down

GSE All-Share Index goes down

Accra (Greater Accra) 16 Nov. '99

The Ghana Stock Exchange (GSE) All-Share Index declined on Monday by nearly 10 points to open the week's trading further down at 747.57 points from 757.06 points.

The market index went down by 9.49 points due to a 91-cedi loss by the Ghana Commercial Bank (GCB), the fourth equity with the highest market capitalisation of 123.59 billion cedis.

The change for the year to date is negative 13.91 per cent.

Demand could not meet offers resulting in the sale of all 33,500 shares in seven equities out of the 22 listed equities.

The total number of shares traded on Friday was 297,300 shares.

Offers closed trading lower at 516,730 from 1.4 million shares while demand was 107,000, down from Friday's close of 348,500 shares.

Market capitalisation also declined from 3,238.39 billion cedis to 3,223.38 billion cedis.

In the broader market, only GCB registered a price change, losing 91 cedis.

The following are the last prices of listed equities in

cedis:

ABL 420

AGC 18,700

ALW 2,490

BAT 475

CFAO 40

EIC 1,880

FML 900

GBL 1,500

GCB 749 -91

GGL 950

HFC 750

MGL 200

MLC 160

MOGL 15,700

PAF 291

PZ 800

SCB 19,700

SPPC 180

SSB 1,980

UNIL 1,870

UTC-E 125

CMLT 420

GRi../