Business News of Friday, 18 June 2004

Source: GNA

GSE All-Shares Index makes significant gain

Accra, June 18, GNA - The Ghana Stock Exchange continues its impressive run with the GSE-All Share Index, the benchmark measure going up by 29.73 points in an active market. The index ended Friday's trading session at 6,995.55 points compared to 6,965.82 at the previous close on Wednesday.

Shares that changed hands rose significantly to close at 592,100 shares with investors buying 499,500 shares of the Cocoa Processing Company (CPC).

On the broader market there were nine positive price changes and a negative.

Standard Chartered Bank (SCB) went up 400 cedis at 96,000 cedis; SG-SSB was higher by 146 cedis at 31,750 cedis; Clydstone (CLYD) gained 80 cedis at 800 cedis Unilever (UNIL) gained 68 cedis at 21,060 cedis and Guinness Ghana Limited (GGL) was richer by 65 cedis at 12,200 cedis. Mobil Ghana Limited (MOGL) gained 50 cedis to close at 41,050 cedis; Cocoa Processing Company (CPC) was up by 45 cedis to close at 1,916 cedis; Accra Brewery Limited (ABL) was up 40 cedis at 1,060 cedis and Camelot (CLMT) gained by 10 cedis at 770 cedis.

The only loser was Aluworks, which shed 100 cedis to close at 12,300 cedis. Market capitalisation was up at 96,831.94 billion cedis from 3,321.08 million issued shares compared to 96,736.45 billion cedis from the same number of shares on Wednesday.

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

ABL 1,060 +40

AGA 300,000

AADs 3,006

ALW 12,300 -100

BAT 7,802

CFAO 107

CLYD 800 +80

CMLT 770 +10

CPC 1,916 +45

EIC 17,310

FML 7,600

GBL 1,500

GCB 18,200

GGL 12,200 +65

HFC 10,108

MGL 275

MLC 3,100

MOGL 41,050 +50

PAF 760

PBC 3,750

PZ 3,351

SCB 96,000 +400

SPPC 390

SG-SSB 31,750 +146

SWL 290

TBL 31,400

UNIL 21,060 +68