Business News of Wednesday, 24 November 2004

Source: GNA

CAL lifts GSE after a string of losses

Accra, Nov. 24, GNA - The second trading of CAL Merchant Bank (CAL) on the Ghana Stock Exchange lifted up the bourse that has been hit by a string of losses.

CAL gained 450 cedis at 2,500 cedis helping to push up the main stock index, the GSE All-Share Index, by 29.48 points to 6,743.68 points.

The other gainer of the day was Patterson Zochonis (PZ), which gained five cedis at 4,605 cedis.

Total shares traded were at 195,900 while change for the year was 89.78 per cent.

Market capitalisation ended at 96,764.38 billion cedis from 3,580.79 million issued shares.

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 8,500

CAL 2,500 +450

CFAO 200 CLYD 1,210 CMLT 890 CPC 1,000 EIC 8,000 FML 20,000 GBL 1,500 GCB 10,000 GGL 12,700 HFC 10,000 MGL 275 MLC 3,100

MOGL 38,210

PAF 800 PBC 3,600

PZ 4,605 +5

SCB 170,000

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