Business News Sat, 1 Feb 2003

Accra bourse maintains rise

The main index of the Ghana Stock Exchange (GSE) made a moderate gain of 6.04 points on Friday in fairly active trading.

The index ended 6.04 points higher at 1,435.29 points from Wednesday's close of 1,429.25 points.

Traded shares were up more than five times at 582,400 shares from 102,000 shares on Wednesday. Ten of the 24 listed equities sold shares

On the broader market, there were six positive gainers with no loser.

British American Tobacco led the way with 98 cedis at 1,100 cedis followed by a 41-cedi gain by Ghana Breweries Limited at 551 cedis.


SSB Bank was 38 cedis richer at 4,152 cedis, Ghana Commercial Bank rose by nine cedis at 3,670 cedis, PZ gained five cedis at 2,015 cedis and Guinness Ghana Limited inched up by one cedi at 1,103 cedis.

Market capitalisation responded by jumping up at 6,407.84 cedis from 6,395.43 billion cedis at the previous close.

The change for the year now stands at 2.87 per cent from 2.43 per cent.

Source: gna