GRi Business, Economics & Finance 27 –06 -2002

 

 

Accra bourse index stages comeback

 

Accra (Greater Accra) 27 June 2002- The GSE-All Share Index, rose 9.49 points on Wednesday to reverse Monday's loss on the bourse, thanks to impressive gains by Standard Chartered Bank (SCB) and Unilever Ghana Limited (UNIL).

 

The key stock measure, which had dipped on Monday as result of a 10-cedi loss by Produce Buying Company (PBC), rallied to close at 1,219.73 points as against 1,210.24 points at the previous session.

 

Traded volumes also received a boost, going up from 94,600 shares on Monday to 914,200 shares during the mid-week trading session, pushed up by UNIL, which sold 890,700 shares in a block trade.

 

On the broader market, there were three positive price changes. SCB gained 699 cedis at 21,600 cedis, UNIL was up 95 cedis at 3,300 cedis and Mechanical Lloyd Company made five cedis at 255 cedis.

 

Market capitalisation was stronger at 4,421.64 billion cedis from 4,403.21 billion cedis at the previous close. Change for the year was 27.59 per cent. The following are the last prices of listed equities in cedis:

 

ABL                      361            

AGC                18,800

ALW                 4,000

BAT                     924                              

CFAO                   60

EIC                    4,200                        

FML                  1,616                        

GBL                     900             

GCB                  3,217                                                

GGL                    910             

HFC                    955             

MGL                    251             

MLC                    255              +5                                                       

MOGL           19,000              

PAF                     750             

PBC                     440             

PZ                      1,620                                                

SCB                 21,600             +699              

SPPC                    372            

SSB                   3,700                                                

SWL                    285                                                 

UNIL                 3,300             +95

CMLT            437                  

GRi…/

 

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