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Business News of Friday, 17 December 2004

Source: GNA

Ghana Commercial Bank continues to sustain Accra bourse

Accra, Dec. 17, GNA - A 15-cedi gain by the Ghana Commercial Bank (GCB) on the Ghana Stock Exchange during Friday's trading again helped to sustain the GSE All-Share Index, pushing up the main stock index by 0.94 points.

The Index ended trading at 6,780.03 points from Wednesday's 6,779.09 points.

Total number of shares traded was 555,300 out of which CAL Bank sold 422,200.

Change for the year was up at 90.80 per cent from 90.78 per cent while market capitalisation ended at 96,948.41 billion cedis from 96,945.93 billion cedis.

GCB's 15-cedi gain put the share price at 10,090 cedis.

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

ABL 1,480 AGA 300,000 AADs 3,006 ALW 10,000 BAT 7,700 BOPP 6,500 CAL 3,400 CFAO 200 CLYD 1,330 CMLT 970 CPC 1,000 EIC 8,000 FML 20,000 GBL 1,500

GCB 10,090 +15

GGL 12,700 HFC 10,000 MGL 275 MLC 3,100 MOGL 39,000 PAF 800 PBC 3,600 PZ 4,700 SCB 170,000 SPPC 390 SG-SSB 27,000 SWL 290 TBL 31,000 UNIL 22,000