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26.05.2004 Business & Finance

Accra bourse in good performance (5/26/2004)

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Accra, May 26, GNA - The Ghana S tock Exchange saw marked improvement in trading on Friday thanks to a strong performance by Standard Chartered Bank.

The main market gauge, the GSE-All Share Index, posted a strong 14.17 points, to reverse the modest gains made during the two previous trading sessions in the week.

The Index ended the week at 6,845.19 points compared to 6,831.02 points at the previous close on Wednesday. Change Year to Date now stands at 92.64.

Traded volumes went up more than six times at 341,000 from a low of 58,600 shares on Wednesday as investors bought more of Cocoa Processing Company, Ghana Commercial Bank and Trust Bank shares. On the broader market there were 10 price changes-nine positive and a negative.

Standard Chartered Bank (SCB) led the way with a 1,100 cedis gain at 90,000 cedis, Trust Bank Limited (TBL) made 200 cedis at 31,000 cedis, Clydstone went up five cedis to close 580 cedis, Cocoa Processing Company was up 10 cedis at 1,735 cedis and Guinness Ghana Limited (GGL) was also up by 39 cedis at 12,050 cedis.

Mobil Oil Ghana Limited (MOGL) was richer by 99 cedis at 40,200 cedis, Patterson Zochonis (PZ) was up 50 cedis at 3,300 cedis, SG-SSB made 38 cedis at 31,050 cedis and Unilever (UNIL) was up 50 cedis at 20,650 cedis.

The only loser was Ghana Brewery Limited, which shed 30 cedis at 1,500 cedis.

Market Capitalisation was up at 96,421.27 billion cedis up from 96,384.94 billion cedis at the previous close on Wednesday.

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

ABL 761 AGA 300,000 AADs 3,005 ALW 12,500 BAT 7,802 CFAO 97
CLYD 580 +5
CMLT 670
CPC 1,735 +10
EIC 17,305 FML 7,100 GBL 1,500 -30 GCB 18,200
GGL 12,050 +39 HFC 10,107 MGL 275 MLC 3,100
MOGL 40,200 +99 PAF 760
PBC 3,900
PZ 3,300 +50
SCB 90,000 +1,100 SPPC 390
SG-SSB 31,050 +38 SWL 290
TBL 31,000 +200
UNIL 20,650 +50