Business News of Friday, 11 March 2005

Source: GNA

GSE ends nearly flat in another poor performance

Accra, March 11, GNA - The main index of the Ghana Stock Exchange ended trading on Friday nearly flat as the lacklustre performance of the Accra bourse continued with heavy bearish sentiments.

The Ghana Stock Exchange (GSE) All-Share Index, the main stock index, closed 0.01 points better after a series of losses and a nil change at the last trading on Wednesday.

The index closed at 6,642.05 points while change for the year remained at - 2.30 per cent There was only one price change, a one-cedi gain by Aluworks at 6,001 cedis.

Shares traded jumped to 728,900 from Wednesday's 40,300. Market capitalization was up slightly at 97,188.64 billion cedis from 97,188.60 billion cedis.

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

ABL 1,480 AGA 300,000 AADs 3,000

ALW 6,001 +1

BAT 4,500 BOPP 7,000 CAL 3,400 CFAO 255 CLYD 1,300 CMLT 1,290 CPC 1,000 EIC 8,000 FML 18,000 GBL 1,600 GCB 13,010 GGL 12,500 HFC 9,500 MGL 275 MLC 3,000

MOGL 39,010 PAF 800 PBC 3,300 PZ 5,400 SCB 160,000 SPL 750 SPPC 390 SG-SSB 27,000 SWL 290 TBL 31,000 UNIL 20,000