Business News of Thursday, 17 April 2003

Source: gna

Ghana Stock Exchange index inches up

The Ghana Stock Exchange All-Share Index, the benchmark index of the Accra Bourse, jumped 7.64 points during mid-week trading on Wednesday to close 1,722.58 points.

The rally was recorded on the back of Unilever, which gained 292 cedis ahead of an Annual General Meeting on Thursday. A total of 213,800 shares changed hands, with Cocoa Processing Company selling 162,000 shares to lead the pack. Unilever and Ghana Commercial Bank were among equities that had their shares traded selling 30,100 and 8,300 shares, respectively.

There were four positive price changes. Unilever gained 292 cedis to close at 6,300 cedis, PZ went up by eight cedis at 2,040 cedis, Mechanical Lloyd made two cedis at 312 cedis and Fan Milk was up one cedi at 2,201 cedis. Market capitalisation was up at 7,696.88 billion cedis compared to 7,678.31 billion cedis on Monday.

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

ABL 426

AGC 28,500

ALW 4,300

BAT 1,300

CFAO 72

CPC 630

EIC 5,005

FML 2,201 +1

GBL 531

GCB 5,400

GGL 1,218

HFC 1,230

MGL 258

MLC 312 +2

MOGL 19,761

PAF 750

PBC 390

PZ 2,040 +8

SCB 32,001

SPPC 390

SSB 6,621

SWL 285

TBL 5,010

UNIL 6,300 +292

CMLT 460