GRi Business, Economic & Finance 15 - 06 - 2002

Banking stocks lead gains on bourse

Accra (Greater Accra) 15 June 2002 - SSB Bank and Ghana Comercial Bank led the way as the Ghana Stock Exchange (GSE) recorded another impressive gain on Friday.

The GSE All-Share Index, the main market gauge, climbed by 19.44 points to 1,191.76 points although total number of shares that changed hands went down to 75,000 shares from 375,000 shares.

On the broader market there were five price changes, all positive. SSB Bank surged by 180 cedis to 3,800 cedis, Ghana Commercial Bank (GCB) appreciated by 150 cedis at 3,000 cedis and Fan Milk was 75 cedis richer at 1,615 cedis.

Other equities that made gains were British American Tobacco that went up by two cedis to close at 924 and Camelot closed 13 cedis richer at 450. Change for the year was 24.67 per cent. Market capitalisation was higher at 4,366.30 billion cedis from 4,327.02billion cedis. The following are the last prices of listed equities in cedis:

ABL 345

AGC 18,800

ALW 4,100

BAT 924 +2

CFAO 60

EIC 4,200

FML 1,615 +75

GBL 900

GCB 3,000 +150

GGL 910

HFC 955

MGL 251

MLC 250

MOGL 18,821

PAF 750

PBC 450

PZ 1,600

SCB 20,901

SPPC 370

SSB 3,800 +180

SWL 285

UNIL 3,060

CMLT 437

GRi…/

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