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Business News of Monday, 24 March 2003

Source: gna

Rise in All-Share Index slows

The rise in the GSE-All Share Index slowed on Monday, climbing by a mere 0.75 points after a vigorous performance in the past few weeks.

The Index, which made a modest 2.45 points on Friday after 28.18 point in Wednesday and 6.68 points on Monday, ended at 1,624.30 points. It closed on 1,623.55 points.

The number of shares that changed hands slid further to 51,900 from 68,600 shares.

The change in the year to date was 16.41 per cent.

In the broader market, there were three price changes - all positive.

Guinness Ghana Limited was eight cedis richer at 1,218 cedis, Ghana Commercial Bank rose by four cedis at 5,010 cedis and SSB Bank gained three cedis at 6,005 cedis. Market capitalisation closed up at 7,447.08 billion cedis from 7,445.27 billion cedis.