Business News of Friday, 16 January 2004

Source: GNA

GSE All-Share bounces back to impressive performance

Accra, Jan. 16, GNA - The GSE All-Share index on Friday bounced back to its impressive performance when it gained 44.77 points to close the week trading.

The index, which dropped significantly after Social Security Bank's (SSB) heavy loss on Wednesday, closed the week at 3,639.79 from 3,595.02 points.

The change for the year to date is 2.43 per cent. Total shares traded dropped slightly at 307,400 from 364,700 shares at the previous close.

There were four price changes, all positive.

Social Security Bank regained its 1,000 cedis loss to close at 20,000 cedis, Guinness Ghana Limited went up at 330 cedis to close at 6,000 cedis, PZ gained 50 cedis to close at 2,750 cedis and Ghana Commercial Bank rose 10 cedis to close at 8,710 cedis.

Market capitalisation now stands at 12,834.93 billion cedis from 12,721.86 billion cedis on Wednesday.

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

ABL 552 AGC 28,650 ALW 4,000 BAT 5,600 CFAO 75 CMLT 550 CPC 630 EIC 10,600 FML 3,850 GBL 1,460 GCB 8,710 +10 GGL 6,000 +330 HFC 4,110 MGL 275 MLC 715 MOGL 35,005 PAF 740 PBC 1,300 PZ 2,750 +50 SCB 67,005 SPPC 390 SSB 20,000 +1,000 SWL 288 TBL 10,005 UNIL 14,100