Business News Mon, 31 Dec 2001

Stock exchange ends year on a happy note

The Ghana Stock Exchange (GSE) All-Share Index ended the year on a happy note on Monday, ending slightly higher, in a year that was dominated by bearish sentiments.

The index, the main gauge of the bourse, went up by 0.11 points after slipping by 3.05 points on Friday. It ended the year at 955.95 points.

Change for the year was also slightly higher at 11.42 points from Friday's close of 11.41 per cent. The number of shares traded inched down at 6,000 from 6,100.

There was only one price change, a 40-cedi gain by Enterprise Insurance Company, which ended the year at 3,050 cedis. Market capitalisation closed the year higher on 3,904.03 billion cedis from Friday's close 3,903.83 billion cedis. The following are the closing prices of listed equities for the year in cedis:

ABL 320

AGC 18,800


ALW 4,300

BAT 627


EIC 3,050 +40

FML 950

GBL 1,000


GCB 1,570

GGL 901

HFC 952

MGL 241

MLC 145

MOGL 18,500


PAF 800

PBC 450

PZ 1,010

SCB 20,500

SPPC 341

SSB 2,200

UNIL 2,300

CMLT 430

Source: GNA