Business News of Monday, 18 February 2002

Source:  

Stock index dips on HFC loss

The GSE All-Share Index slipped on account of five-cedis loss by Home Finance Company on Monday. A one cedi gain by Standard Chartered Bank (SCB), the highest prices equity, could not stop the index from sliding by 0.14 points at the end of trading.

The index, the main market indicator, ended at 964.52 points from Friday's close of 964.66 points. HFC lost five cedis at 945 cedis and SCB gained one cedi at 20,552 cedis, change for the year also slipped at 0.90 per cent from 0.91 per cent.

Market capitalisation also closed lower at 3,920.64 billion cedis from 3,920.91 billion cedis. The following are the closing prices of the equities in cedis:

ABL 320

AGC 18,800

ALW 4,300

BAT 627

CFAO 60

EIC 3,117

FML 950

GBL 1,000

GCB 1,580

GGL 910

HFC 945 -5

MGL 241

MLC 146

MOGL 18,502

PAF 750

PBC 450

PZ 1,051

SCB 20,552 +1

SPPC 342

SSB 2,200

UNIL 2,500

CMLT 430