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Business News of Wednesday, 30 April 2003

Source: gna

SSB Bank, Guinness push up GSE index

SSB Bank Limited and Guinness Ghana Limited posted handsome gains on the Ghana Stock Exchange (GSE) to push up the All-Share Index although trading was low.

The Ghana Stock Exchange All-Share Index, the key measure of the Accra Bourse, moved up by 11.39 points to end the day at 1,750.38 points from Friday's close of at 1,738.99 points.

Traded volumes slumped to 48,300 shares from Friday's close of 403,700 shares.

There were three price changes - all positive.

Guinness Ghana Limited rose by 176 cedis at 1,400 cedis; SSB Bank was 100 cedis richer at 6,721 cedis and Unilever Ghana Limited gained two cedis at 6,462 cedis.

Market capitalisation was up at 7,764.48 billion cedis from 7,736.80 billion cedis. Change for the year was 25.45 per cent.