Business News of Monday, 24 May 2004

Source: GNA

GSE - All Share index makes modest gain

Accra, May 24, GNA - The Ghana Stock Exchange opened on a low note on Monday with the GSE-All Share Index, the key market measure, up a modest 5.51 points.

The index ended the session up at 6,824.39 points from 6,818.88 points during the previous trading on Friday.

The change for the year to date is now 92.05 points.

Total volumes continued to slide as shares that changed hands dipped more than half to close at 101,600 shares compared to 292,800 shares at the previous close.

There were seven positive price changes.

Trust Bank Limited (TBL) gained 300 cedis at 30,800 cedis; Societe-General SSB Bank (SG-SSB) gained one cedis at 31,011 cedis, Standard Chartered Bank (Stan Chart) made 49 cedis at 88,900 and Patterson Zochonis (PZ) was up 50 cedis at 3,250 cedis.

Home Finance Company (HFC) was up one cedi at 10,106 cedis, Guinness Ghana Limited (GGL) gained one cedi at 12,011 cedis and Cocoa Processing Company (CPC) made three cedis at 1,713 cedis.

Market Capitalisation was up at 96,367.95 billion cedis compared to 96,353.82 billion cedis from 3,301.8 million issued shares.

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

ABL 745 AGA 300,000 AADs 3,005 ALW 12,500 BAT 7,802 CFAO 97 CLYD 560 CMLT 670 CPC 1,713 +3 EIC 17,305 FML 7,000 GBL 1,530 GCB 18,200 GGL 12,011 +1 HFC 10,106 +1 MGL 275 MLC 3,100 MOGL 40,101 PAF 760 PBC 3,900 PZ 3,250 +50 SCB 88,900 +49 SPPC 390 SG-SSB 31,011 +1 SWL 290 TBL 30,800 +300 UNIL 20,600