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Business News of Tuesday, 23 May 2006

Source: GNA

Guinness Ghana Breweries pushes up GSE Index

Accra, May 23, GNA - A healthy gain by Guinness Ghana Breweries Limited (GGBL) pushed up the main indices in slow trading on Tuesday, but many equities failed to register any sales.

The main index of the Ghana Stock Exchange (GSE), GSE All-Share Index, jumped up by 28 points with GGBL leading the way. The GSE All-Share Index gained 28 points at 4,813.91 points from 4,785.91 points on Monday.

Change for the year to date was healthier at 0.94 per cent from 0.35 per cent on Monday.

Shares traded went up to 321,200 from 127,100.

On the broader market, there were two positive price changes. Guinness Ghana Breweries Limited (GGBL) gained 450 cedis at 9,450 cedis and Fan Milk Ghana Limited inched up by one cedi at 15,903 cedis. Market capitalisation was higher 92,518.40 billion cedis from 92,444.27 billion cedis.

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

ABL 1,150 AGA 300,000 ALW 6,571 BAT 3,000 BOPP 5,500 CAL 1,942 CFAO 399 CLYD 1,000 CMLT 1,700 CPC 600 EIC 7,256

FML 15,903 +1

GCB 6,312

GGBL 9,450 +450

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