Business News of Wednesday, 29 December 2004

Source: GNA

Stock Exchange inches up

Accra, Dec. 29, GNA - The Ghana Stock Exchange (GSE) inched up on Wednesday in the first trading after the Christmas holidays as the bourse slowly winds down to he end of the year.

Starwin Products Limited (SPL), which had its maiden trading on Wednesday, provided the impetus for the bourse, which ended up by 0.95 points at 6,794.65 points.

Three equities made gains on a day that saw 101,200 shares changing hands, down from 734,200 last Friday.

SPL gained 30 cedis at 530 cedis, Ghana Commercial Bank was up by two cedis at 10,114 cedis and Benso Oil Palm Plantation inched up by one cedi at 6,503 cedis.

Change for the year was 91.21 per cent from 91.19 per cent on Friday.

Market capitalisation also ended better at 97,604.03 billion cedis from 97,583.70 billion 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 7,700

BOPP 6,503 +1

CAL 3,400 CFAO 200 CLYD 1,330 CMLT 970 CPC 1,000 EIC 8,000 FML 20,000 GBL 1,600

GCB 10,114 +2

GGL 12,700 HFC 10,000 MGL 275 MLC 3,100 MOGL 39,000 PAF 800 PBC 3,600 PZ 4,700 SCB 170,000

SPL 530 +30

SPPC 390 SG-SSB 27,000 SWL 290 TBL 31,000 UNIL 22,000