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Business News of Friday, 10 November 2000

Source: GNA

Main market index dips as bourse seesaws

GSE All-Share Index took another dip on Wednesday after it recorded a slight gain on Monday. The market index dipped by 0.75 points to end mid-week trading at 852.79 points from 853.54 points.

Total shares traded, however, edged up to 31,000 from 27,700. Offers overshadowed demand but closed lower at 795,840 from 1.3 million. Demand also declined from 101,600 to 96,900. Market capitalisation fell from 3,625.99 billion cedis to 3,624.59 billion cedis.

In the broader market, there was only one price change. Peterson Zochonis lost 50 cedis to finish trading at 400 cedis. It was offered for 300 cedis. The following are the last prices of listed equities in cedis:

ABL 630
AGC 18,600
ALW 4,200
BAT 400
CFAO 50
EIC 2,400
FML 1,100
GBL 1,350
GCB 1,600
GGL 710
HFC 952
MGL 200
MC 149
MOGL 18,600
PAF 270
PZ 400 +50
SCB 21,500
SPPC 250
SSB 2,200
UNIL 1,500
CMLT 425