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21.07.2004 Business & Finance

GSE bounces back

21.07.2004 LISTEN
By GNA

Accra, July 21, GNA - The Ghana Stock Exchange bounced back on Wednesday with an impressive 55.28-point gain on the back of healthy gains by four equities, pushing the change for the year beyond the 100 per cent mark.

The GSE All-Share Index, the benchmark measure, closed trading at 7,128 points while change for the year was 100.62 per cent. Total shares traded were, however, down at 255,100 from 9,283,300 shares when a block trade in Accra Brewery Limited shares pushed up traded shares during Monday's trading.

On the broader market, there were five price changes - four up and one down.

Unilever was 2,000 cedis better at 27,500 cedis; Fan Milk Limited gained 200 cedis at 8,200 cedis; Clydstone appreciated by 49 cedis at 1,100 cedis while Accra Brewery Limited rose by 45 cedis at 1,350 cedis. The only loser was SG-SSB, which went down by two cedis at 31,750 cedis.

Market capitalisation was higher at 97,249.18 billion cedis from 97,107.47 billion cedis on Monday from 3,380.21 million issued shares.

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

ABL 1,350 +45

AGA 300,000

AADs 3,006 ALW 12,100 BAT 7,800 CFAO 118 CLYD 1,100 +49 CMLT 780 CPC 1,950 EIC 3,612 FML 8,200 +200 GBL 1,500 GCB 17,000 GGL 12,750 HFC 10,100 MGL 275 MLC 3,100 MOGL 42,110 PAF 800 PBC 3,600 PZ 4,015 SCB 100,000 SPPC 390 SG-SSB 31,750 -2 SWL 290 TBL 31,500

UNIL 27,500 +2,000

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