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Business News of Friday, 23 April 2004

Source: GNA

Accra bourse closes week with strong performance

Accra, April 23, GNA - The Ghana Stock Exchange wrapped up the week Friday by hitting another peak, led by a surging Trust Bank Limited. The benchmark GSE-All Share Index was up 45.41 points to close at 6,436.28 points as against 6,390.87 points on Wednesday.

Traded volumes fell heavily at 112,900 shares down from 1.6 million shares registered at the previous session.

Change for the year to date stands at 81.13 per cent.

On the broader market, there were ten positive price changes. Trust Bank Limited led the pack with a 1,000 cedis gain to close at 23,000, Unilever was richer by 395 cedis at 20,000 cedis, SG-SSB made 49 cedis at 29,551 cedis, Mechanical Lloyd Company went up two cedis at 3,052 cedis and Home Finance Company gained 90 cedis at 9,600 cedis.

Other gainers were Guinness Ghana Limited 290 cedis at 10,500, Ghana Commercial bank 50 cedis at 17,350 cedis, Cocoa Processing Company five cedis at 1,475 cedis, British American Tobacco was up 10 cedis at 7,460 cedis and Accra Brewery Limited two cedis at 652 cedis. Market Capitalisation went up to 19,954.05 billion cedis from 19,838.96 billion cedis on Wednesday.

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

ABL 652 +2

AGC 28,650

ALW 12,500

BAT 7,460 +10

CFAO 86

CMLT 670

CPC 1,475 +5

EIC 17,300

FML 6,500

GBL 1,700

GCB 17,350 +50

GGL 10,500 +290

HFC 9,600 +90

MGL 275

MLC 3,052 +2

MOGL 37,551

PAF 750

PBC 3,920

PZ 3,200

SCB 86,900

SPPC 390

SG-SSB 29,551 +49

SWL 290

TBL 23,000 +1,000

UNIL 20,000 +395

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