Business News of Monday, 16 February 2004

Source: GNA

Market Index in another healthy gain

Accra, Feb. 16, GNA - The Ghana Stock Exchange made another healthy gain on Monday, pushed up by impressive performances of several equities.

The Ghana Stock Exchange All-Share Index, the main market gauge, was up by 119.21 points to 4,162.87 points although total number of shares remained low.

Change in the year ended trading at 17.15 per cent from Friday's close of 13.80 per cent.

Total shares traded were up at 148,700 from 97,800 on Friday. On the broader market, there were eight price changes, all positive.

The Trust Bank of the Gambia continued its surge with 1,400 cedis gain at 12,000 cedis while Home Finance Company was 400 cedis better at 5,600 cedis.

Produce Buying Agency gained 300 cedis at 2,500 cedis, SSB Bank also gained 300 cedis at 20,400, Ghana Commercial Bank was 200 cedis better 9,950 cedis and Patterson Zochonis also made 200 cedis at 3,000 cedis.

Guinness Ghana Limited rose by 127 cedis to end a 7,000 cedis and Unilever inched up by two cedis at 15,505 cedis. Market capitalization was better at 14,156.05 billion cedis from 13,854.96 billion cedis.

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

ABL 552

AGC 28,650

ALW 4,000

BAT 6,200

CFAO 82

CMLT 665

CPC 680

EIC 11,000

FML 4,200

GBL 1,425

GCB 9,950 +200

GGL 7,000 +127

HFC 5,600 +400

MGL 275

MLC 827

MOGL 35,100

PAF 740

PBC 2,500 +300

PZ 3,000 +200

SCB 67,100

SPPC 390

SSB 20,400 +300

SWL 288

TBL 12,000 +1,400

UNIL 15,505 +2