Business News of Tuesday, 1 October 2002

Source: gna

Market records another drab trading

Share prices of three equities rallied at Monday's trading to push the All-Share Index up by 2.16 points in a dull market.

Although the market index rose from 1,308.51 points to 1,310.67 points to open the week trading, traded shares continued their downward slide. Total shares traded dropped from 55,700 shares last Friday to as low as 25,300 on Monday. Guinness Ghana Limited (GGL) sold the highest shares of 20,200.

The change in the year to date was at 37.11 per cent. Market capitalisation rose from 4,857.18 billion cedis on Friday to 4,861.38 billion cedis.

All the three price changes were positive. Fanmilk Limited gained the highest of 24 cedis at 1,651 cedis. Unilever and Ghana Commercial Bank gained 17 cedis and 14 cedis to close at 4,260 and 3,370 cedis respectively.

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

ABL 380

AGC 18,807

ALW 4,000

BAT 953

CFAO 67

EIC 4,520

FML 1,651 +24

GBL 900

GCB 3,370 +14

GGL 912

HFC 955

MGL 254

MLC 262

MOGL 19,720

PAF 750

PBC 400

PZ 1,850

SCB 26,023

SPPC 387

SSB 3,901

SWL 285

UNIL 4,260 +17

CMLT 460