Business News of Monday, 12 September 2005

Source: GNA

Stock index in marginal gain

Accra, Sept. 12, GNA - The GSE All-Share Index made another marginal gain in quiet trading on Monday as the bears continue to dominate the market. The index closed higher by 8.04 points at 4,899.47 points from Friday's close of 4,891.43 points.

Change for the year-to-date ended at -27.93 per cent. There were four price changes, three up and one down. Enterprise Insurance Company (EIC) rose by 183 cedis at 5,200 cedis, Fan Milk Limited gained 50 cedis 15,550 cedis and Guinness Ghana Brewery Limited (GGBL) was 140 cedis better at 7,150 cedis. Starwin Products Limited lost 50 cedis at 600 cedis.

Shares that changed hands were 114,900 shares. Market capitalisation closed at 92,168.74 billion cedis from 3,93.18 million issued shares.

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

ABL 1,480 AGA 300,000 AADs 3,000 ALW 5,000 BAT 3,000 BOPP 6,000 CAL 2,000 CFAO 400 CLYD 1,300 CMLT 1,800 CPC 600

EIC 5,200 +183

FML 15,550 +50

GCB 6,900

GGBL 7,150 +140

GWEB 550 HFC 7,000 MLC 2,500 MOGL 38,012 PAF 800 PBC 3,000 PZ 6,405 SCB 134,000

SPL 600 -50

SPPC 390 SG-SSB 7,865 SWL 290 TBL 27,900 UNIL 16,500