GRi Business, Economics and Finance 12 – 11 - 2002

 

 

Aluworks loss brings down main index

 

Accra (Greater Accra) 12 November 2002 - A 100-cedi loss by Aluworks on Monday led to a decline in the Ghana Stock Exchange All- Share Index as investors continued to stay away from the market.

           

The index lost 1.51 points at 1,348.86 points and the change for the year and market capitalisation also went down. Change for the year closed down at 40.10 per cent from 41.26 per cent while market capitalisation ended the day lower at 4,957.48 billion cedis from 4,960.43 billion cedis.

    

There were three price changes - two up one down. Aluworks lost 100 cedis at 3,600 cedis while Guinness Ghana Limited and Fan Milk Limited gained 10 cedis and two cedis to end the day at 1,010 cedis and 1,755 cedis respectively.

       

Total shares traded dropped to 76,100 shares from 219,600 shares. Only eight out of the 23 listed equities sold shares with British American Tobacco selling 30,500 shares. The following are the last prices of listed equities in cedis:

ABL                           380

AGC                     18,807

ALW                      3,600                    -100

BAT                        1,001

CFAO                         67

EIC                        4,526

FML                      1,755                     +2

GBL                         500

GCB                     3,510

GGL                     1,010                      +10

HFC                       955

MGL                       254

MLC                       270

MOGL               19,721

PAF                        750

PBC                        390

PZ                        2,000

SCB                   28,000

SPPC                      387

SSB                    3,958

SWL                      285

UNIL                  4,650

CMLT                   460

GRi…/

 

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