Business News of Thursday, 3 February 2005

Source: GNA

Accra bourse falls again

Accra, Feb. 3, GNA - The Ghana Stock Exchange All-Share Index, the main market indicator, fell again on Wednesday under losses by British American Tobacco (BAT) and Aluworks.

The Index went down by 27.22 points, the second successive loss after 11.92 points loss on Monday.

The index ended at 6,862.22 points while change for the year was down at 0.94 per cent.

Aluworks lost 1,000 cedis at 9,000 cedis and BAT lost another 500 cedis to close at 5,500 cedis on a day that traded shares went up to 487,500 from Monday's close 304,700.

However, two other price changes were positive.

Ghana Commercial Bank rose by 10 cedis at 12,220 cedis while Benso Oil Palm Plantation (BOPP) went up by eight cedis to close at 6,684 cedis.

Market capitalisation closed lower at 97,788.50 billion cedis from 97,862.81 billion cedis during the previous trading.

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

ABL 1,480 AGA 300,000 AADs 3,000

ALW 9,000 -1,000

BAT 5,500 -500

BOPP 6,684 +8

CAL 3,400 CFAO 246 CLYD 1,330 CMLT 970 CPC 1,000 EIC 8,000 FML 20,000 GBL 1,600

GCB 12,220 +10

GGL 12,700 HFC 9,900 MGL 275 MLC 3,100 MOGL 39,010 PAF 800 PBC 3,600 PZ 5,000

SCB 170,000 SPL 750 SPPC 390 SG-SSB 27,000 SWL 290 TBL 31,000 UNIL 22,000