Business News of Friday, 9 July 2004

Source: --

Ghana Stock Exchange makes marginal gains

Accra, July 9, GNA - The GSE All-Share Index gained a modest 2.5 points to close the week at 7,100.37 points in a dull market that saw only nine equities selling shares.

Total shares that changed hands fell to 74,800 shares from 227,500 shares on Wednesday.

Change for the year is now 99.82 per cent.

Market capitalisation was up at 97,099.69 billion cedis from 3,359.67 issued shares up from 97,094.19 billion cedis during Wednesday trading.

On the broader market, there were six price changes-four positive and two negative.

Accra Brewery Limited (ABL) was up five cedis at 1,185 cedis, Clydstone went up by five cedis at 915 cedis, Guinness Ghana Limited (GGL) gained 50 cedis at 12,600 cedis, and Mobil Oil Ghana Limited was richer by 10 cedis at 42,110 cedis.

The losers were Home Finance Company, which shed eight cedis to close at 10,100 and British American Tobacco, which went down two cedis at 7,800 cedis.

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

ABL 1,185 +5

AGA 300,000

AADs 3,006

ALW 12,200

BAT 7,800 -2

CFAO 115

CLYD 915 +5

CMLT 780

CPC 1,950

EIC 18,050

FML 7,900

GBL 1,500

GCB 18,000

GGL 12,600 +50

HFC 10,100 -8

MGL 275

MLC 3,100

MOGL 42,110 +10

PAF 770

PBC 3,650

PZ 3,650

SCB 96,002

SPPC 390

SG-SSB 31,752

SWL 290 TBL 31,500 UNIL 24,500