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Business News Mon, 21 Jul 2008

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Financial stocks push up index

Accra, July 21, GNA - Buoyed by gains in the financial stocks, the GSE-All Share Index, the benchmark index of the Accra Bourse, begin the week with a rise of 4.46 points. The index rallied to close at 10,572.38 points compared to 10,567.92 points.

Change year to date now stands at 60.19 per cent. Traded volumes closed the session at 55,300 shares down from Friday's close of 686,200 shares.

Four equities saw positive price gains during the session. Ecobank Ghana Limited went up by GH¢0.01 at GH¢4.20, Standard Chartered Bank gained GH¢0.05 at GH¢35.15, Enterprise Insurance Company appreciated by GH¢0.02 at GH¢2.42 and Fan Milk Limited was stronger by GH¢0.01 at GH¢3.67.

Market capitalisation ended the session up at GH¢15,748.10 million compared to GH¢15,744.90 million on Friday.

The following are the closing prices of equities in Ghana cedis

Equities Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.12

Anglo Gold Ashanti AGA 30.00

Aluworks Limited ALW 0.62

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 1.20

Cal Bank Limited CAL 0.70

CFAO Ghana Limited CFAO 0.04

Clydestone Ghana Ltd CLYD 0.08

Camelot Ghana Limited CMLT 0.16

Cocoa Processing Com Ltd CPC 0.05

Ecobank Ghana Ltd EBG 4.20 +0.01

Enterprise Insurance Co. Ltd EIC 2.42 +0.02

Ecobank Transnational Inc. ETI 0.47

Fan Milk Limited FML 3.67 +0.01

Ghana Commercial Bank Ltd GCB 1.35

Guinness Ghana Breweries Ltd GGBL 2.25

Ghana Oil Company GOIL 0.40

Golden Star Resources GSR 3.10

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.62

Mechanical Lloyd Co. Ltd MLC 0.21

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.22

PZ Cussons Ghana Ltd PZ 0.94

Standard Chart. Bank Gh.Ltd SCB 35.15 +0.05

SIC Insurance Company Limited SIC 0.63

Starwin Products Limited SPL 0.05

Super Paper Products Co. Ltd SPPC 0.06

SG-SSB Limited SG-SSB 1.35

Sam Woode Limited SWL 0.03

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 6.15

Transaction Solutions Gh.Ltd TRANSOL 0.11

Unilever Ghana Ltd UNIL 2.80

AngloGold Ashanti Depository Shares AADS 0.35

Source: GNA

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