Business News of Wednesday, 5 May 2004

Source: GNA

Accra bourse continues upward surge

Accra, May 5, GNA - The GSE-All share index, the main market measure, ended trading higher on Wednesday surging by 41.26 points to close at 6,617.16 points.

Traded volumes recovered on the back of Cocoa Processing Company (CPC) that sold 1,015,300 shares to bring the total shares traded to 1,077,300.

The change for the year to date is 86.22 points. On the broader market, there were nine positive price changes. Trust Bank Limited (TBL) gained 1,000 cedis for the second time running to close at 27,000 cedis; Guinness Ghana Limited (GGL) went up by one cedi at 11,301 cedis.

Ghana Commercial Bank (GCB) gained 240 cedis at 17,850 cedis; AADs went up by five cedis at 3,005 cedis; Home Finance Company (HFC) made 40 cedis to close 9,750 cedis; Pioneer Aluminium Factory (PAF) went up five cedis at 755 cedis; SG-SSB went up by six cedis at 29,661 cedis. Cocoa Processing Company (CPC) was richer 35 cedis at 1,545 cedis and Unilever (UNIL) made 20 cedis at 20,120 cedis.

Market Capitalisation went up to 95,833.67 billion cedis from 95,727.54 billion cedis.

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

ABL 654 AGA 300,000

AADs 3,005 +5 ALW 12,500 BAT 7,800 CFAO 90 CMLT 670 CPC 1,545 +35 EIC 17,300 FML 6,700 GBL 1,700 GCB 17,850 +240 GGL 11,301 +1 HFC 9,750 +40 MGL 275 MLC 3,100 MOGL 40,050 PAF 755 +5 PBC 3,920 PZ 3,200 SCB 88,850 SPPC 390 SG-SSB 29,661 +6 SWL 290 TBL 27,000 +1,000 UNIL 20,120 +20