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Business News of Wednesday, 15 September 2004

Source: GNA

Standard Chartered Bank gain pushes up GSE Index

Accra, Sept. 15, GNA - Another impressive performance of Standard Chartered Bank (SCB) on the Ghana Stock Exchange (GSE) on Wednesday pushed up the main market Index, the GSE All-share Index, by 90.05 points after a series of poor performances by the bourse SCB, the second highest priced equity after Anglogold Ashanti, gained 10,000 cedis on a day that saw six price gains and one loser. The GSE All-Share Index closed at 7,078.81 points while change for the year went up to 99.46 per cent from Monday's close of 96.93 per cent.



Total number of shares traded was up at 449,400 from Monday's close of 192,000 cedis. Market capitalisation ended higher at 97,420.64 billion cedis. SCB led gainers by 10,000 cedis at 170,000 cedis, Benso Oil Palm Plantation gained 750 cedis at 8,500 cedis, Fan Milk Limited was 400 cedis better at 11,500 cedis, Ghana Commercial Bank appreciated by 140 cedis at 14,000 cedis, Enterprise Insurance Company 100 cedis up at 7,500 cedis and CFAO gained 14 cedis at 154 cedis. Clydestone was the only loser by 100 cedis at 1,300 cedis.



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



ABL  1,480 

AGA 300,000

AADs 3,006

ALW 10,000

BAT 7,800

BOPP 8,500 +750

CFAO 154 +14

CLYD 1,300 -100

CMLT 800

CPC 1,000

EIC 7,500 +100

FML 11,500 +400

GBL 1,500

GCB 14,000 +140

GGL 12,700

HFC 10,100

MGL 275

MLC 3,100

MOGL 37,500

PAF 800

PBC 3,600

PZ 4,502

SCB 170,000 +10,000

SPPC 390

SG-SSB 31,000

SWL 290

TBL 31,400

UNIL 25,000