Gambian Bank, Unilever give Accra bourse life
Nyinahin (Ashanti
Region) 05 December 2002- Nana Yaw Bronya, Nyinahin District Chief Farmer in
the Atwima District, has warned Licensed Buying Companies to desist from buying
not well-dried cocoa beans from farmers.
He said the practice,
if not checked will put the premium Ghana's quality cocoa enjoyed worldwide in
jeopardy. Addressing a farmers' meeting at Nyinahin in Ashanti he asked the
farmers to invest in their children's education since apart from the children
being the future leaders of the country, the best legacy one could bequeath to
them was education.
Nana Bronya noted
that the mass cocoa spraying exercise had brought good yield to the farmers and
as such, they must use the money they would earn wisely. He asked them not to
spend the money on alcohol, funerals and marrying more women but should invest
it wisely.
The Chief Farmer also
cautioned the Licensed Buying Companies against the use of hanging scales,
pointing out that it was an offence since it encouraged stealing. Nana Bronya
also called on the farmers to patronise the Akuafo Cheque system since it was
the safest.
GRi…/
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Accra (Greater Accra)
05 December 2002- Gains by Unilever and the Trust Bank of Gambia (TBL) gave the
Ghana Stock Exchange (GSE) something to cheer about as it was lifted by 7.53
points.
The GSE All-Share
Index, the main market index, closed trading at 1,370.29 points from 1,362.76
points although it was on poor trading. Shares that changed hands more than
doubled to 52,400 from 21,500, but big time investors continued to stay away. Change
for the year was higher at 43.34 per cent from 42.56 per cent.
On the broader
market, there were five gainers - UNIL, TBL, Mobil Oil Ghana Limited (MOGL),
Fan Milk Limited (FML) and Guinness Ghana Limited (GGL). TBL gained 300 cedis
at 4,850, UNIL was up by 100 cedis at 4,800 cedis, MOGL appreciated by nine
cedis at 19,730 cedis, and FML and GGL gained one cedi each to end at 1,782
cedis and 1,041 cedis respectively. Market capitalisation ended 5,124.17
billion cedis from 5,108.75 billion cedis.
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
1,782 +1
GBL 500
GCB 3,516
GGL 1,041 +1
HFC 955
MGL 254
MLC 270
MOGL
19,730 +9
PAF 750
PBC 390
PZ 2,001
SCB
28,002
SPPC 387
SSB 3,963
SWL 285
TBL 4,850 +300
UNIL 4,800 +100
CMLT 460
GRi…/
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