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Business News of Friday, 30 April 2004

Source: GNA

Accra bourse continues upward surge

Accra, April 30, GNA - The Ghana Stock Exchange (GSE) -All share index went up by 36.48 points to 6,543.95 points to bring the change for the year to date to 84.16 per cent during Friday's trading. Traded volumes were lower at 243,300 shares compared to Wednesday's figure of 317,500 shares.

Market Capitalisation went up to 95,645.73 billion cedis from 3,293.08 million issued shares compared to the 95,552.32 billion cedis from the same number of shares recorded during Wednesday's trading. On the broader market, there were nine positive price changes. Trust Bank Limited (TBL) led the pack with a 1,000 cedis gain to close at 25,000 cedis; Guinness Ghana Limited (GGL) went up by 200 cedis at 11,200 cedis.

Ghana Commercial Bank (GCB) and British America Tobacco (BAT) went up by 100 cedis each to end trading at 17,600 cedis and 7,700 cedis, respectively.

Home finance Company (HFC) made 90 cedis to close 9,700 cedis; Mobil Oil Ghana Limited (MOGL) was up by 50 cedis at 40,050 cedis while Mechanical Lloyd Company (MLC) gained 45 cedis at 3,100 cedis. Cocoa Processing Company (CPC) and Unilever (UNIL) made six cedis at 1,487 cedis and five cedis at 20,055 cedis, respectively.

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

ABL 654

AGA 300,000

AADs 3,000

ALW 12,500

BAT 7,700 +100

CFAO 90

CMLT 670

CPC 1,487 +6

EIC 17,300

FML 6,500

GBL 1,700

GCB 17,600 +100

GGL 11,200 +200

HFC 9,700 +90

MGL 275

MLC 3,100 +45

MOGL 40,050 +50

PAF 750

PBC 3,920

PZ 3,200

SCB 88,850

SPPC 390

SG-SSB 29,600

SWL 290

TBL 25,000 +1,000

UNIL 20,055 +5