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Business News of Monday, 16 May 2005

Source: GNA

Stock index inches up


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Accra, May 16, GNA - Bearish pressures on listed equities on the Ghana Stock Exchange (GSE) continued on Monday with the benchmark index, the GSE-All Share Index, gaining 1.27 points on the back of a 15-cedi gain by CFAO.

The index rose from 6,050.27 points during Friday's trading to 6,051.54 on Monday.

Change for the year to date, still in the red, stands at -10.99 per cent from Friday -11.01.

Market capitalisation closed higher at 95,053.16 billion cedis from Friday's 95,049.80 billion cedis.

Total shares traded were at 73,200 shares compared to 40,800 on Friday. CFAO, the only equity that experienced price change, gained 15 cedis at 310 cedis.

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

ABL 1,480 AGA 300,000 AADs 3,000 ALW 6,252 BAT 4,500 BOPP 6,000 CAL 3,200

CFAO 310 +15

CLYD 1,300 CMLT 1,580 CPC 800 EIC 7,500 FML 18,000 GCB 12,400 GGBL 12,500 HFC 7,000 MGL 275 MLC 2,700

MOGL 39,010

PAF 800 PBC 3,000 PZ 6,000 SCB 134,000 SPL 740 SPPC 390 SG-SSB 25,000 SWL 290

TBL 27,900 UNIL 17,000

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