Business News of Wednesday, 18 December 2002

Source: GNA

Slow business on Accra bourse as year winds down

The Accra bourse continued to register slow business as the year winds down and institutional investors continued to adopt a wait and see attitude.

GSE-All Share Index, the main gauge of the Accra bourse, barely inched up by 0.09 points to 1,376.75 points from 1,376.66 points on Monday with only one equity - Unilever - registering a price change.

It ended trading three cedis richer at 4,805 after selling only 3,100 shares.

Traded volumes slumped by about half to 127,700 from 322,100 shares on Monday with Ghana Commercial Bank selling 118,400 shares. Only five of the 24 listed equities sold shares.

Market capitalisation now stands at 5,137.44 billion cedis from 5,137.26 billion on Monday.

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

ABL 390

AGC 18,807

ALW 3,700

BAT 1,001

CFAO 67

EIC 4,600

FML 1,785

GBL 500

GCB 3,516

GGL 1,046

HFC 955

MGL 254

MLC 270

MOGL 19,730

PAF 750

PBC 390

PZ 2,001

SCB 28,002

SPPC 387

SSB 3,966

SWL 285

TBL 4,850

UNIL 4,805 +3

CMLT 460