Business News of Friday, 3 January 2003
Source: GNA
The Ghana Stock Exchange (GSE) made a weak start to the year, rising by a mere 0.05 points and only 33,200 shares changing hands.
The main market index, the GSE All-Share Index, which closed trading last year on 1,395.31 points, began the year on 1,395.36 points.
Only two equities - SSB Bank and Mechanical Lloyd Company (MLC)- appreciated, and by a paltry cedi each.
SSB Bank opened the year at 3,967 cedis while MLC opened the year at 271 cedis. Change for the year was 0.004 per cent. The bourse gained 45.96 per cent last year.
Ashanti Goldfields Company (AGC), which dominated the bourse late last year, was quiet. Traded volumes were higher at 32,200 from Monday's close of 19,70. Market capitalisation now stands at 6,183.95 billion cedis from 6,183.84 billion cedis.
The following are the last prices of listed equities in cedis:
ABL 390
AGC 27,000
ALW 3,700
BAT 1,001
CFAO 67
EIC 4,600
FML 1,785
GBL 500
GCB 3,516
GGL 1,050
HFC 955
MGL 254
MLC 271 +1
MOGL 19,730
PAF 750
PBC 390
PZ 2,005
SCB 28,700
SPPC 387
SSB 3,967 +1
SWL 285
TBL 4,850
UNIL 4,805
CMLT 460