Business News of Thursday, 29 June 2006

Source: GNA

Main index drops again as SG-SSB continues to lose grounds

Accra, June 29, GNA - The main stock index of the Ghana Stock Exchange (GSE) dropped again in quiet trading on Thursday as investors continued to stay off the market.

The GSE All-Share Index, the main stock index, fell by 2.82 points to 4,833.02 points from 4,835.84 while change for the year to date stood at 1.34 per cent.

On the broader market, there were three price changes - two down and one up.

SG-SSB lost 50 cedis at 6,750 cedis and Aluworks was down by 10 cedis at 6,740 cedis. However, Fan Milk Limited rose by four cedis 15,935 cedis.

Traded volumes stood at 77,800 shares while market capitalisation was 95,574.57 billion cedis.

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

ABL 1,150 AGA 300,000 ALW 6,740 -10 BAT 3,160 BOPP 5,500 CAL 1,942 CFAO 399 CLYD 1,000 CMLT 1,700 CPC 600 EIC 7,958 FML 15,935 +4 GCB 6,312 GGBL 9,838 GWEB 550 HFC 5,400 MLC 2,500 MOGL 54,000 PAF 800 PBC 2,800 PZ 6,510 SCB 130,000 SPL 550 SPPC 390 SG-SSB 6,750 -50 SWL 265 TBL 27,000 UNIL 15,400 29 June 06