Business News of Thursday, 19 September 2002

Source: gna

Market index records only 0.04% change despite six gains

Six equities, led by Mobil Oil Ghana Limited (MOGL) registered gains at the close of Wednesday's trading on the stock market but the All-Share Index recorded an upward shift of only 0.38 points or 0.04 per cent.

The market indicator closed mid-week trading up at 1,305.58 points compared to 1,305.20 points.

This brought the change in the year to date up at 36.57 per cent by 0.04 per cent from 36.53 per cent. Shares traded of nine equities closed higher at 23,400 from a mere 9,800 sold on Monday.

The market capitalisation went up to 4,851.24 billion cedis from 4,850.50 billion cedis. In the broader market, there were six price changes, all positive. MOBIL gained 10 cedis to close at 19,710 cedis followed by Ghana Commercial Bank (GCB), which earned three cedis to finish trading at 3,343 cedis.

CFAO Limited, Standard Chartered Bank (SCB), SSB Bank (SSB) and Unilever Ghana Limited (UNIL) all gained one cedi each to close trading at 67 cedis, 26,021 cedis, 3,876 cedis and 4,218 cedis in that order.

The following are the last prices of listed equities in cedis:
ABL 380
AGC 18,805
ALW 4,000
BAT 952
CFAO 67 +1
EIC 4,510
FML 1,627
GBL 900
GCB 3,343 +3
GGL 912
HFC 955
MGL 254
MLC 261
MOGL 19,720 +10
PAF 750
PBC 400
PZ 1,850
SCB 26,021 +1
SPPC 387
SSB 3,876 +1
SWL 285
UNIL 4,218 +1
CMLT 460