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Business News of Saturday, 20 May 2006

Source: GNA

GSE Index jumps up on Ghana Breweries gain

Accra, May 20, GNA - The main index of the Ghana Stock Exchange (GSE), GSE All-Share Index, jumped up on Friday on a significant gain by Ghana Guinness Breweries Limited (GGBL).

The GSE All-Share Index, the main stock measure, gained 14.31 points at 4,782.78 points from 4,768.47 on Thursday. Change for the year to date rose to positive territory at 0.29 per cent from -0.1 per cent.

Shares traded climbed to 1,524,500 from 108,400 on Thursday. On the broader market, there were two positive price changes. Guinness Ghana Breweries Limited (GGBL) gained 230 cedis at 8,950 cedis while Enterprise Insurance Company was two cedis better at 7,255 cedis.

Market capitalisation was higher at 92,435.97 billion cedis from 92,398.05 billion cedis.

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

ABL 1,150 AGA 300,000 ALW 6,570 BAT 3,000 BOPP 5,500 CAL 1,942 CFAO 399 CLYD 1,000 CMLT 1,700 CPC 600

EIC 7,252 +2

FML 15,902 GCB 6,312

GGBL 8,950 +230

GWEB 550 HFC 5,400 MLC 2,500 MOGL 54,000 PAF 800 PBC 2,800 PZ 6,510 SCB 130,000 SPL 550 SPPC 390 SG-SSB 7,000 SWL 265 TBL 27,000 UNIL 15,400