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Share prices rally in active market

Tue, 22 Jul 2003 Source: GNA

Accra, July 21, GNA - Share prices of nine equities on Monday rallied in an active market that saw the All-Share Index, the market indicator, soar by 29.14 points. The market index opened the week's trading up at 2,250.66 points from 2,221.52 points on the back of impressive performance by Mobil Ghana Limited (MOGL), Ghana Commercial Bank (GCB), Standard Chartered Bank (SCB) and Paterson Zochonis (PZ), among others. Shares traded, however, declined to 35,000 from 127,900 shares recorded on Friday. The change for the year on Monday was 61.30 per cent with the market capitalisation closing higher at 9,107.88 billion cedis up from 9,030.31 billion cedis.

On the broader market, there were nine price changes - all positive. MOGL gained the highest of 1,494 cedis to close at 23,000 cedis followed by GCB with 300 cedis at 6,801 cedis. SCB gained 200 cedis at 53,000 cedis while PZ made 144 cedis to close at 2,202 cedis. The other gainers are Unilever Ghana Limited (UNIL), which was 100 cedis better at 7,500 cedis and Enterprise Insurance Commission (EIC), which gained 19 cedis at 6,020 cedis. The rest are Fan Milk Limited (FML), which was five cedis better at 2,515 cedis, Produce Buying Company (PBC) four cedis richer at 555 cedis and SSB Bank (SSB), which gained one cedi at 7,307 cedis.

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

 ABL  460 AGC  28,600 ALW   4,000 BAT  1,914 CFAO   74 CPC   630 EIC  6,020 +19 FML  2,515 +5 GBL   552 GCB  6,802 +300 GGL  3,500 HFC  2,600 MGL   258 MLC   467 MOGL   23,000 +1,494 PAF   750 PBC    555 +4 PZ   2,202 +144 SCB  53,000 +200 SPPC    390 SSB   7,307 +1 SWL    285 TBL   6,000 UNIL   7,500 +100 CMLT   460 

Source: GNA
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