Business News of Friday, 18 June 2004

Source: GNA

GSE All-Shares Index continues to rise

Accra, June 18, GNA - The Ghana Stock Exchange continued its surge with the GSE-All Share Index, the benchmark measure, gaining 13.42 points to move to 7,008.97 points during Monday's trading compared to the 29.73 points rise on Friday.

The change year to date is 97.25 per cent.

The number of shares that changed hands reduced significantly from 592,100 shares to only 99,600.

Market capitalisation was up to 96,866.33 billion cedis from 3,321.08 million issued shares compared to 96,831.94 billion cedis from the same number of shares on Friday.

On the broader market there were eight positive price changes with Mobil Oil Ghana Limited (MOGL) leading the pact 950 cedis gain to close trading at 42,000 cedis.

Unilever made a gain of 140 cedis to close at 21,200 cedis; The Gambia made 100 cedis to end at 31,500 cedis while Accra Brewery Limited had 40 cedis at 1,100 cedis.

The other gainers were Fan Milk Limited with 10 cedis gain at 1,925 cedis; Pioneer Aluminium gained five cedis at 765 cedis and Standard Chartered Bank (SCB) went up on cedi at 96,001 cedis.

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

ABL 1,100 +40

AGA 300,000 AADs 3,006 ALW 12,300 BAT 7,802 CFAO 107 CLYD 800 CMLT 770 CPC 1,925 +10 EIC 17,310 FML 7,605 +5 GBL 1,500 GCB 18,200 GGL 12,200 HFC 10,108 MGL 275 MLC 3,100 MOGL 42,000 +950 PAF 765 +5 PBC 3,750 PZ 3,351 SCB 96,001 +1 SPPC 390 SG-SSB 31,750 SWL 290 TBL 31,500 +100 UNIL 21,200 +140