Business News of Wednesday, 7 January 2004
Source: GNA
Accra, Jan. 7, GNA - The benchmark GSE-All Share Index made a healthy gain of 73.01 points, pushed up by strong performances of two banking stocks - Standard Chartered Bank, the highest priced equity, and Ghana Commercial Bank.
The index ended the day at 3,633.03 points with change for the year edging up at 2.24 points.
Total shares traded jumped up to 561,000 cedis from a low of 8,900 shares recorded last Monday.
There were eight price changes with Standard Chartered Bank climbing higher to 67,000 cedis following a gain of 5,999 cedis. Ghana Commercial Bank also made a healthy gain of 424 cedis at 8,600 cedis, British American Tobacco rose by 101 cedis at 5,501 cedis; Unilever gained five cedis at 14,055 cedis and Guinness Ghana Limited was also five cedis better at 5,666 cedis.
Mobil Oil Ghana Limited gained four cedis at 35,005 cedis, Homer Finance Company ended one cedi up at 4,001 and Cocoa Products Company was also one cedi better at 631 cedis.
Market capitalisation increased to 12,817.85 billion cedis from 12,633.47 billion cedis.
The following are the last prices of listed equities in cedis:
ABL 552
AGC 28,650
ALW 4,000
BAT 5,501 +101
CFAO 75
CMLT 550
CPC 631 +1
EIC 10,500
FML 3,800
GBL 1,460
GCB 8,600 +424
GGL 5,666 +5
HFC 4,001 +1
MGL 275
MLC 700
MOGL 35,005 +4
PAF 740
PBC 1,300
PZ 2,700
SCB 67,000 +5,999
SPPC 390
SSB 21,000
SWL 288
TBL 9,750
UNIL 14,055 +5