Business News of Thursday, 20 May 2004

Source: GNA

GSE - All Share index makes modest gain

Accra, May 20, GNA - The GSE-All Share Index, the main market gauge of the Ghana Stock Exchange rose a modest 15.74 points on Friday to close trading at 6,818.88 points compared to 6,803.14 points registered on Wednesday. Shares that changed hands fell at 292,800 shares down from the previous session's close of 339,100 shares.

On the broader market there were 10 positive price changes. Trust Bank Limited (TBL) gained 500 cedis at 30,500 cedis; Unilever (UNIL) made 34 cedis at 20,600 cedis; SG-SSB was up four cedis at 31,010 cedis; Mobil Oil Ghana Limited (MOGL); gained one cedi at 40,101 cedis and Home Finance Company became richer by five cedis at 10,105 cedis. Guinness Ghana Limited (GGL) gained four cedis at 12,010 cedis; Fan

Milk Limited (FML) made 90 cedis at 7,000 cedis; Cocoa Processing Company (CPC) continued its impressive performance with a 10 cedis gain at 1,710 cedis; Clydstone (CLYD) made 10 cedis at 560 cedis and Accra Brewery Limited (ABL) was up 45 cedis at 745 cedis. Market Capitalisation was at 96,353.82 billion cedis from 3,301.8 million issued shares compared to 96,313.47 billion cedis recorded during Wednesday trading from the same number of shares.

 The following are the last prices of listed equities in cedis: ABL      745 +45 AGA    300,000 AADs     3,005 ALW     12,500 BAT     7,802 CFAO      97 CLYD      560      +10 CMLT      670 CPC     1,710      +10 EIC     17,305 FML     7,000 +90 GBL     1,530 GCB     18,200 GGL     12,010      +4 HFC     10,105      +5 MGL      275 MLC     3,100 MOGL    40,101 +1 PAF      760 PBC     3,900 PZ      3,200 SCB     88,851 SPPC      390 SG-SSB   31,010 +4 SWL      290 TBL     30,500 +500 UNIL    20,600 +34