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Stanchart pushes stock index up

Wed, 18 Aug 2004 Source: GNA

Accra, Aug. 18, GNA - Another sterling performance by equities on the bourse lifted the GSE-All Share Index, the key gauge up 73.78 points in Wednesday trading that saw six price appreciations. The index rallied to close 7,464.71 points up from Monday's close of 7,390.93 points.

The change year to date now stands at 110.07 per cent. Total shares traded were higher at 263,100 up from a low of 51,600 recorded on Monday.

Market capitalisation ended higher at 98,140.86 billion cedis from 97,950.93 billion cedis from 3,38.89 million issued shares.

On the broader market, there were six positive price changes. Stanchart gained 10,000 cedis at 160,000 cedis; Enterprise Insurance was up 400 cedis at 4,400 cedis, Pattersson Zochonis went up 85 cedis at 4,100 cedis.

Other gainers were Fan Milk, which gained one cedi at 9,502 cedis, Clydstone was richer by three cedis at 1,605 cedis and Accra Brewery Limited went up five cedis at 1,465 cedis.

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

ABL 1,465 +5 AGA 300,000 AADs 3,006 ALW 12,100 BAT 7,800 CFAO 130 CLYD 1,605 +3 CMLT 780 CPC 1,900 EIC 4,400 +400 FML 9,502 +1 GBL 1,500 GCB 16,000 GGL 12,750 HFC 10,100 MGL 275 MLC 3,100 MOGL 36,858 PAF 800 PBC 3,600 PZ 4,100 +85 SCB 160,000 +10,000 SPPC 390 SG-SSB 31,000 SWL 290 TBL 31,400 UNIL 27,500 18 Aug. 04

Source: GNA