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Business News Fri, 31 Dec 2004

Stock Exchange ends year on positive note

Accra, Dec. 31, GNA - The Ghana Stock Exchange (GSE) ended the year on a positive note on Friday, thanks to gains by Ghana Commercial Bank (GCB) and CFAO.


The GSE All-Share Index, the main stock index, recorded 3.81 points gain to end the year at 6,798.46 points.


Change for the year ended at 91.32 per cent while market capitalisation also closed at 97,614.46 billion cedis from 3,663.42 million shares.


GCB gained 36 cedis at 10,150 cedis while CFAO made a rare 20-cedi gain at 220 cedis.


Total shares that changed hands were 1,001,500 with CAL Bank selling 676,300 shares, while CFAO sold 200,000.


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

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ABL 1,480 AGA 300,000 AADs 3,006 ALW 10,000 BAT 7,700 BOPP 6,503 CAL 3,400


CFAO 220 +20


CLYD 1,330 CMLT 970 CPC 1,000 EIC 8,000 FML 20,000 GBL 1,600


GCB 10,150 +36


GGL 12,700 HFC 10,000 MGL 275 MLC 3,100 MOGL 39,000 PAF 800 PBC 3,600 PZ 4,700 SCB 170,000 SPL 530 SPPC 390 SG-SSB 27,000 SWL 290 TBL 31,000 UNIL 22,000

Source: GNA
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