Business News of Monday, 10 January 2005

Source: GNA

Stock Exchange moves up in quiet trading

Accra, Jan. 10, GNA - The Ghana Stock Exchange (GSE) went up in moderate trading on Monday with investors sitting on the sidelines. The GSE All-Share Index, the main stock index, recorded a 2.38-point gain to end the day at 6,811.03 points.

Change for the year ended at 0.18 per cent while market capitalisation closed at 97,648.75 billion cedis from 3,663.42 million shares.

There were three price changes, all positive.

Paterson Zochonis (PZ) jumped up by 149 cedis at 4,850 cedis, Starwin Products Limited (SPL) was 29 cedis better at 680 cedis while Benso Oil Palm Plantation (BOPP) was five cedis up at 6,565 cedis. Total shares that changed hands slumped to 195,000 from Friday's 1,260,400.

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

ABL 1,480 AGA 300,000 AADs 3,006 ALW 10,000 BAT 7,700

BOPP 6,565 +5

CAL 3,400 CFAO 220 CLYD 1,330 CMLT 970 CPC 1,000 EIC 8,000 FML 20,000 GBL 1,600 GCB 10,252 GGL 12,700 HFC 10,000 MGL 275 MLC 3,100 MOGL 39,000 PAF 800 PBC 3,600

PZ 4,850 +149

SCB 170,000 SPL 680 +29 SPPC 390 SG-SSB 27,000 SWL 290 TBL 31,000 UNIL 22,000