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Business News of Monday, 10 November 2003

Source: GNA

Accra bourse index in modest gain

Accra, Nov. 10, GNA - The GSE-All share index, the key stock gauge, made a marginal gain of 4.56 points to open the week on Monday at 2,957.50 points up from 2,952.94 points.

The market, however, was dull with traded volumes sinking from a high of 17.4 million shares on Friday to mere 29,200 shares. The change in the year was 111.96 per cent.

In the broader market, there were six price changes - all positive. SSB Bank gained 100 cedis at 16,350 cedis, SCB made two cedis at 59,006 cedis, Unilever was up five cedis at 10,605, Ghana Commercial Bank went up two cedis at 6,205 cedis.

Fan Milk was richer by 30 cedis at 3,550 and British American Tobacco gained 45 cedis at 3,000 cedis.

Market capitalization now stands at 11,905.78 billion cedis compared to 11,084.27 billion cedis at the previous close on Friday.

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

ABL 550 AGC 28,650 ALW 4,000 BAT 3,000 +45 CFAO 74 CMLT 520 CPC 630 EIC 7,501 FML 3,550 +30 GBL 1,000 GCB 6,205 +2 GGL 4,804 HFC 3,200 MGL 271 MLC 655 MOGL 24,500 PAF 740 PBC 1,300 PZ 2,600 SCB 59,006 +2 SPPC 390 SSB 16,350 +100 SWL 288 TBL 8,200 UNIL 10,605 +5