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Business News of Saturday, 5 April 2003

Source: gna

GSE index marches up in active trading

The Ghana Stock Exchange All-Share Index, the main gauge, leaped by more than 23 points on Friday in active trading that saw nine equities making gains.

The Index went up by 23.64 points at 1,687.44 points from 1,663.80 points while change for the year also rose to 20.94 per cent.

There were nine price changes, all positive on a day when total traded shares slipped to 206,700 from 210,300 shares.

Unilever led the way with a 400 cedis gain at 6,000 cedis followed by SSB Bank, which rose by 200 cedis at 6,600 cedis.

The Trust Bank of Gambia gained 100 cedis at 5,000 cedis, Ghana Commercial Bank was 82 cedis richer at 5,200 cedis, Accra Brewery Limited gained six cedis at 426 cedis, Ghana Breweries Limited was also six cedis better at 526 cedis, Home Finance Company gained four cedis at 1,226 cedis, Patterson Zochonis was two cedis richer at 2,027 and Mechanical Lloyd inched up by one cedi at 258 cedis.

Market capitalisation ended higher at 7,600.22 billion cedis from 7,542.87 billion cedis.