Accra,(Greater Accra) 14 Oct. '98 Trading on the Ghana Stock Exchange (GSE) continued to be dull with the slump in the share prices of two major equities pulling down the GSE All-Share Index by 10 points. The market index closed at 842.24 points down from the previous 852.24 points. Guinness Ghana Limited (GGL) dropped a huge 105 cedis to finish at 795 cedis while Unilever lost 50 cedis to close at 1,950 cedis.
The only gainer was Mechanical Lloyd Ghana Limited (MGL) which earned 11 cedis to end at 150 cedis.
Total shares traded closed slightly higher at 44,620 compared to Monday's 11,200. Ghana Commercial Bank (GCB) sold the highest number of shares of 16,000 followed by Guinness Ghana Limited (GGL) which sold 10,100 while AGC sold the lowest of 20 shares.
Total shares offered were 4,092,380 far ahead of demand of 516,720. Market capitalisation closed lower at 3,091.10 billion cedis compared with the previous close of 3,106.50 billion cedis.
ABL 1,100
AGC 17,000
ALW 2,800
CFAO 69
EIC 2,440
FML 1,608
GBL 2,350
GCB 1,161
GGL 795 -105
HFC 750
MGL 150 +11
MLC 200
MOGL 14,000
PAF 400
PTC 565
PZ 1,000
SCB 21,000
SPPC 250
SSB 2,000
UNIL 1,950 -50
UTC-E 120
GRi