Business News of Tuesday, 17 December 2002

Source: GNA

Accra bourse makes marginal gains

The GSE-All Share Index, the main gauge of the Accra bourse, made a marginal gain of 0.28 points to close slightly higher at 1,376.66 points from 1,376.38 points on Friday with only seven of the 24 listed equities making sales.

Traded volumes rose to 322,100 shares from 136,500 shares on Friday as institutional buyers remained quiet. Aluworks (ALW) sold 312,500 shares, Guinness Ghana Limited sold 5,400 shares and Ghana Commercial Bank sold 2,800 shares. The remaining four equities sold between 100 and 700 shares.

On the broader market, there were three price changes - all positive. SSB Bank and Guinness Ghana Limited gained three cedis each at 3,966 cedis and 1,046 cedis respectively while Fan Milk Limited was up one cedi at 1,785 cedis. Market capitalisation now stands at 5,137.26 billion cedis from 5,136.66 billion cedis on Friday.

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

ABL 390

AGC 18,807

ALW 3,700

BAT 1,001

CFAO 67

EIC 4,600

FML 1,785 +1

GBL 500

GCB 3,516

GGL 1,046 +3

HFC 955

MGL 254

MLC 270

MOGL 19,730

PAF 750

PBC 390

PZ 2,001

SCB 28,002

SPPC 387

SSB 3,966 +3

SWL 285

TBL 4,850

UNIL 4,802

CMLT 460