GRi BEF News Ghana 01 - 10 - 2001
Accra (Greater Accra) 01 October 2001 - The GSE-All Share index, the key stock gauge of the Accra bourse, slumped 7.96 points on Friday to end a series of mixed trading during the week.
The index, which marked-time on Monday, was up at mid-week and lost on Friday to close at 956.04 points down from 964.00 at the previous close, pulled down by a 400-cedi loss by Aluworks.
Although Ashanti Goldfields Company gained 300 cedis, the first in many months it was not enough to reverse the loss.
Generally, trading was active as institutional investors gave the market a new lease of life to bring traded volumes up at 549,900 shares from a low of 255,900 shares.
Most of the investors took advantage of ALW loss to rake in large volumes. It sold the highest of 413,800 shares. AGC also sold 100,000 shares, the first since gold prices nose-dived about two years ago.
There were two price changes-one negative and the other positive. ALW lost the 400 cedis gain it made on Wednesday to close 4,300 cedis. AGC made 300 cedis at 18,800 cedis.
Market capitalisation was stronger at 3,904.20 from 3,886.89 billion cedis.
Below are the closing prices of the listed equities in cedis:
ABL 320
AGC 18,800 +300
ALW 4,300 -400
BAT 600
CFAO 60
EIC 2,900
FML 1,000
GBL 1,300
GCB 1,550
GGL 900
HFC 952
MGL 240
MLC 140
MOGL 20,000
PAF 800
PBC 450
PZ 900
SCB 20,500
SPPC 356
SSB 2,300
UNIL 2,100
CMLT 430
GRi../
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