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Business & Finance | Jan 19, 2005

Another GCB gain sustains rise of bourse

GNA

Accra, Jan. 19, GNA - Another gain by Ghana Commercial Bank (GCB) sustained the slow rise of the Ghana Commercial Bank despite a significant loss by Home Finance Company (HFC).

The GSE All-Share Index, the main stock index, rose by 5.46 points on the strength of a 150-cedi gain by GCB to 6,893.70 points. Change for the year now stands at 1.40 per cent.

Shares that changed hands closed lower at 466,800 from Monday's 1,160,300 shares.

There were three price changes, two up and one down. Ghana Commercial Bank was 150 cedis richer at 11,650 cedis while Benso Oil Palm Plantation (BOPP) went up by five cedis to close at 6,580 cedis. HFC lost 100 cedis at 9,900 cedis.

Market capitalisation closed at 97,880.36 billion cedis from 3,663.42 million issued shares.

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

ABL 1,480 AGA 300,000 AADs 3,006 ALW 10,000 BAT 7,700

BOPP 6,580 +5

CAL 3,400 CFAO 240 CLYD 1,330 CMLT 970 CPC 1,000 EIC 8,000 FML 20,000 GBL 1,600

GCB 11,650 +150

GGL 12,700

HFC 9,900 -100

MGL 275 MLC 3,100 MOGL 39,005 PAF 800 PBC 3,600 PZ 4,850 SCB 170,000 SPL 760 SPPC 390 SG-SSB 27,000 SWL 290 TBL 31,000 UNIL 22,000

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