Business News of Thursday, 28 September 2006

Source: GNA

Accra stock index slumps

Accra, Sept. 28, GNA - The main index of the Ghana Stock Exchange (GSE) slumped in trading on Thursday on a significant loss by SG-SSB. The GSE All-Share Index, the main benchmark, went down by 13.15 points at 4,948.27 from Wednesday's close of 4,961.42 points. Change for the year slipped to 3.76 per cent from 4.03 per cent. Traded shares were better at 281,400 from 37,100 shares. On the broader market there were three price changes, two up and one down.

SG-SSB lost 540 cedis at 6,200 cedis, Enterprise Insurance Company (EIC) was four cedis better 8,430 cedis and ECOBANK Ghana gained one cedi at 12,121 cedis.

Market capitalisation stood at 111,425.97 billion cedis, down from 111,502.65 cedis.

The following are the last prices of the listed equities in cedis:

ABL 1,150 AGA 300,000 ALW 7,004 AYTTN 895 BAT 3,160 BOPP 5,500 CAL 1,800 CFAO 399 CLYD 800 CMLT 1,700 CPC 538

EBG 12,121 +1

EIC 8,430 +4

ETI 22,705 FML 16,160 GCB 6,150 GGBL 9,252 GWEB 550 HFC 5,400 MLC 2,500 PAF 800 PBC 2,800 PZ 6,611 SCB 150,001 SPL 550 SPPC 390 SG-SSB 6,740 SWL 265 TBL 27,000 TOTAL 54,006 +1 UNIL 15,000