Business News Thu, 10 Jan 2008

Accra bourse bounces back on Ecobank advance

Accra, Jan. 10, GNA - The Ghana Stock Exchange recovered from Wednesday loss buoyed by huge price gains by Ecobank Ghana and three other equities during Thursday's trading session.

As result, the GSE All-Share Index, the benchmark measure, of the Accra Bourse rallied 30.3 points to close higher at 6,651.39 points compared to 6,621.09 points on Wednesday.

Change year to date now stands at 0.78 per cent up from 0.32 per cent.

Shares that changed hands, however, fell to 77,800 down 117,400 shares at the previous close.

On the broader market, there were four positive price changes. Ecobank Ghana gained 0.1150 GH cedis at 2.1652 GH cedis, CAL Bank was up 0.0001 GH cedis to close at 0.4556 GH cedis, SG-SSB went up 0.0001 GH cedis at 1.2651 GH cedis and Guinness Ghana Brewery Limited rose 0.0001 GH cedis at 1.2326 GH cedis.

Market capitalisation shot up to 12,400.37 million GH cedis from the previous close of 12,381.68 million GH cedis.

The following are the closing prices of equities in Ghana cedis

Equities Full Name Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.1150 Anglo Gold Ashanti AGA 30.0000 Aluworks Limited ALW 0.7100 Ayrton Drug Manufacturing Ltd. AYRTN 0.0978 Benso Oil Palm Plantation BOPP 0.4900 Cal Bank Limited CAL 0.4556 +0.0001 CFAO Ghana Limited CFAO 0.0350 Clydestone Ghana Ltd CLYD 0.0800 Camelot Ghana Limited CMLT 0.1700 Cocoa Processing Company Ltd CPC 0.0530 Ecobank Ghana Ltd EBG 2.1652 +0.1150 Enterprise Insurance Co. Ltd EIC 1.3000 Ecobank Transnational Inc. ETI 1.2815 Fan Milk Limited FML 2.4000 Ghana Commercial Bank Ltd GCB 1.0000 Guinness Ghana Breweries Ltd GGBL 1.2326 +0.0001 Ghana Oil Company GOIL 0.3000 Golden Web Ltd GWEB 0.0550 HFC Bank Ltd HFC 0.5400 Mechanical Llyod Co. Ltd MLC 0.2100 Pioneer Kitchenware Ltd PKL 0.0800 Produce Buying Company PBC 0.2400 PZ Cussons Ghana Ltd PZ 0.8380 Standard Chartered Bank Gh.Ltd SCB 26.0000 Starwin Products Limited SPL 0.0550 Super Paper Products Co. Ltd SPPC 0.0330 SG-SSB Limited SG-SSB 1.2651 +0.0001 Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.3250 TOTAL Petroleum Ghana Ltd TOTAL 5.4950 Transaction Solutions Gh.Ltd TRANSOL 0.1200 Unilever Ghana Ltd UNIL 2.1200 AngloGold Ashanti Depository Shares AADS 0.3450

Source: GNA