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Business News Mon, 31 May 2004

Accra bourse index goes up in a dull market

Accra, May 31, GNA - Share prices ended higher on the Ghana Stock Exchange on Monday, with the GSE-All Share Index, the key gauge, moving up 7.81 points to close at 6,853 points in a dull market.

Change Year to Date now stands at 92.86 points.

Traded volumes sank to 74,100 shares from Friday's high of 341,000 shares.

In the broader market, there were four price changes. Accra Brewery Limited (ABL) gained 39 cedis at 800 cedis, Cocoa Processing Company went up five cedis at 1,740 cedis, Guinness Ghana Limited (GGL) was up 50 cedis at 12,100 cedis and Home Finance Company made one cedi at 10,108 cedis.

Market Capitalisation was up at 96,441.28 billion cedis from 3,301.08 million issued shares up from 96,421.27 billion cedis at the previous close on Friday.

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

ABL 800 +39

AGA 300,000 AADs 3,005 ALW 12,500 BAT 7,802 CFAO 97 CLYD 580 CMLT 670

CPC 1,740 +5

EIC 17,305

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FML 7,100

GBL 1,500

GCB 18,200

GGL 12,100 +50

HFC 10,108 +1 MGL 275 MLC 3,100 MOGL 40,200 PAF 760 PBC 3,900 PZ 3,300

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SCB 90,000 SPPC 390

SG-SSB 31,050 SWL 290 TBL 31,000

UNIL 20,650

Source: GNA