Business News of Friday, 6 August 2004

Source: GNA

Massive gains in Index, thanks to Stanchart

Accra, Aug. 6, GNA - Standard Chartered Bank (SCB), the second highest priced equity on the Accra bourse, on Friday registered a massive gain of 20,000 cedis to push the Ghana Stock Exchange All-Share Index up by 107.98 points to close at 7,356.68 points.

The change year to date is 107.03 per cent.

Traded shares stood at 743,700 while market capitalisation closed the week at 97,859.75 billion cedis from 3,380.89 issued shares. On the broader market there were six price changes - five positive and one negative.

SCB gained 20,000 cedis to end trading at 140,000 cedis; Fan Milk (FML) was richer by 200 cedis at 9,500 cedis; Clydstone went up by 70 cedis to end at 1,520 cedis and Accra Brewery Limited (ABL) was up four cedis at 1,455 cedis. Mobil Oil Ghana Limited (MOGL) gained one cedi at 36,858 cedis.

Ghana Commercial Bank was the only loser, shedding 500 cedis at 16,000 cedis.

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

ABL 1,455 +4

AGA 300,000

AADs 3,006

ALW 12,100

BAT 7,800

CFAO 130

CLYD 1,520 +70

CMLT 780

CPC 1,950

EIC 3,700

FML 9,500 +200

GBL 1,500

GCB 16,000 -500

GGL 12,750

HFC 10,100

MGL 275

MLC 3,100

MOGL 36,858 +1

PAF 800

PBC 3,600

PZ 4,015

SCB 140,000 +20,000

SPPC 390

SG-SSB 31,750

SWL 290

TBL 31,400

UNIL 27,500