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Business News of Monday, 2 June 2003

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Accra Bourse maintains steady gain

The Ghana Stock Exchange on Monday maintained a steady gain recording 5.49 points on the back of significant price appreciations in Home Finance Company (HFC) and the British-American Tobacco (BAT) company.

The All-Share Index opened the week up at 1,870.44 points from last Friday's close of 1,864.95 points. Shares traded recorded a leap from 57,000 shares to 420,400.

Market capitalization closed the day higher at 8,056.48 billion cedis as against 8,043.13 billion cedis registered on Friday while the change for the year the to date is fixed at 34.05 per cent.

On the broader market, there were two positive price changes.

HFC gained 150 cedis to close trading at 1,900 cedis while BAT gained 20 cedis at 1,820 cedis