Business News of Friday, 4 August 2006

Source: GNA

GSE All-Share slumps on Guinness Breweries loss

Accra, Aug. 4, GNA - The GSE All-Share Index, the main market indicator, slumped on the last day of the week trading on a huge loss by Guinness Ghana Breweries (GGBL).

The Index lost 15.72 points at 4,872.17 points from 4,887.89 points on Thursday.

Change for the year to date was worse at 2.16 per cent. There were four price changes, one up and three down.

Guinness Ghana Breweries Limited lost 285 cedis at 9,215 cedis; SG-SSB Bank lost two cedis at 6,748 cedis and Ghana Commercial Bank (GCB) also lost one cedi at 6,309. The sole gainer was Enterprise Insurance Company (EIC), which gained one cedi at 6,136 cedis. Total shares traded ended at 795,300 shares.

Market capitalisation was down at 97,183.76 billion cedis.

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

ABL 1,150 AGA 300,000 ALW 6,800 BAT 3,160 BOPP 5,500 CAL 1,940 CFAO 399 CLYD 1,000 CMLT 1,700 CPC 597 EBG 11,750

EIC 8,136 +1

FML 16,009

GCB 6,309 -1

GGBL 9,215 -285

GWEB 550 HFC 5,400 MLC 2,500 MOGL 54,000 PAF 800 PBC 2,800 PZ 6,510 SCB 137,000 SPL 550 SPPC 390

SG-SSB 6,748 -2

SWL 265 TBL 27,000 UNIL 15,000