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Business News of Thursday, 5 December 2002

Source: gna

Gambian Bank, Unilever give Accra bourse life

Gains by Unilever and the Trust Bank of Gambia (TBL) gave the Ghana Stock Exchange (GSE) something to cheer about as it was lifted by 7.53 points.
The GSE All-Share Index, the main market index, closed trading at 1,370.29 points from 1,362.76 points although it was on poor trading. Shares that changed hands more than doubled to 52,400 from 21,500, but big time investors continued to stay away. Change for the year was higher at 43.34 per cent from 42.56 per cent.
On the broader market, there were five gainers - UNIL, TBL, Mobil Oil Ghana Limited (MOGL), Fan Milk Limited (FML) and Guinness Ghana Limited (GGL). TBL gained 300 cedis at 4,850, UNIL was up by 100 cedis at 4,800 cedis, MOGL appreciated by nine cedis at 19,730 cedis, and FML and GGL gained one cedi each to end at 1,782 cedis and 1,041 cedis respectively. Market capitalisation ended 5,124.17 billion cedis from 5,108.75 billion cedis.
The following are the last prices of listed equities in cedis: ABL 390 AGC 18,807 ALW 3,700 BAT 1,001 CFAO 67 EIC 4,600 FML 1,782 +1 GBL 500 GCB 3,516 GGL 1,041 +1 HFC 955 MGL 254 MLC 270 MOGL 19,730 +9 PAF 750 PBC 390 PZ 2,001 SCB 28,002 SPPC 387 SSB 3,963 SWL 285 TBL 4,850 +300 UNIL 4,800 +100 CMLT 460