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Accra Bourse continues to climb despite GCB loss
Work begins on Maritime House at Boankra Inland Port
Accra Bourse continues to climb despite GCB loss
Accra (Greater Accra) 4 September 2003 - The Accra bourse continued to climb in trading on Wednesday despite a 100-cedi loss by blue chip Ghana Commercial Bank.
The Ghana Stock Exchange (GSE) All-Share Index, the main stock index, was up by 12.52 points at 2,568.28 points on a day that saw volumes traded going down by nearly half to 107,100 from 204,400.
Change for the year was up at 84.07 per cent. There were 11 price changes in active trading, 10 up and one down. Ghana Commercial Bank lost ¢100 at ¢8,000. SSB Bank gained ¢110 at ¢7,924, Guinness Ghana Limted was up by ¢100 at ¢3,724, Enterprise Insurance Company gained ¢99 at ¢6,800 and Ghana Breweries Limted was ¢70 richer at ¢740.
British American Tobacco gained ¢50 at ¢2,150, Fan Milk Limited was ¢5
better ¢2,936, Produce Buying Company gained ¢2 at ¢1,002, Sam-Wood Limited
gained ¢2 at ¢288, Unilever was ¢1 better at ¢8,701 and Standard Chartered
Bank was also ¢1 richer at ¢58,504.
Market capitalisation closed up at ¢10,075.27bn from ¢10,043.66bn. The following are the last prices of listed equities in cedis:
ABL 460
AGC 28,650
ALW 4,000
BAT 2,150 +50
CFAO 74
CPC 630
EIC 6,800 +99
FML 2,936 +5
GBL 740 +70
GCB 8,000 -100
GGL 3,724 +100
HFC 2,650
MGL 270
MLC 600
MOGL 24,050
PAF 750
PBC 1,002 +2
PZ 2,254
SCB 58,504 +1
SPPC 390
SSB 7,924 +110
SWL 288 +2
TBL 7,000
UNIL 8,701 +1
CMLT 500
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Work begins on Maritime House at Boankra Inland Port
Ejisu (Ashanti Region) 4 September 2003 - Work on a $3m Maritime House that will be the main administration block for the Boankra Inland Port has started at Boankra in the Ejisu-Juaben District. The project, which started last month, will be completed in 18 months.
Mrs Azara Al-Hassan Prempeh, Legal Officer of the Ghana Shippers Council (GSC) in Accra, said this at a day's workshop on the management of land for the development of the Inland Port and its environs.
It was organised by the Ejisu-Juaben District Assembly in conjunction with the GSC and the Ghana Ports and Harbours Authority (GPHA).
She told the participants including traditional rulers; land development agencies, heads of department and assembly members that the next project will include warehouses, depots and other structures.
The Inland Port is expected to be an international business centre and a distribution point offering the same services as a seaport without a waterfront. The Ghana Shippers Council and Ghana Ports and Harbours Authority regard the project as a private sector development initiative.
Kofi Owusu-Akyaw, Ashanti Regional Director of the Town and Country Planning
Department, called on the chiefs to assist the district assembly to ward off
encroachers and ensure proper use of the land for the project.
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