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Accra Bourse in Strong Performance

Fri, 16 Nov 2007 Source: GNA

Accra, Nov. 16, GNA - The Ghana Stock Exchange ended the week on a high note with the benchmark GSE All-Share Index rallying on the back of strong performance by the banking stocks and new entrant the Ghana Oil Company.

The Index was higher at 8.59 points to close at 5,867.43 points from 5,858.84 points.

Traded volumes went up at 595,600 shares on account of block sales by Ghana Commercial Bank, which alone sold 401,100 shares. Change for the year now stands at 17.21 per cent.

On the broader market, there were seven price changes - six positive and a negative.

CAL Bank was up GH=A2 0.0002 to close at GH=A2 0.3822, Ecobank Ghana gained GH=A2 0.0001 at GH=A2 1.6529 and Ghana Commercial Bank was up GH=A2 0.0085 at 0.9700 GH cedis, Other gainers are Guinness Ghana Breweries Limited was richer by 0.0001 GH cedis at 1.2115 GH cedis, GOIL was up at GH=A2 0.0153 to close on its maiden trading at GH=A2 0.2153 and Standard Chartered Bank gained 0.0050 GH Cedis at 24,1250 GH cedis.

The only loser was Benso Oil Palm Plantation, which dropped by GH=A2 0.0100 at GH=A2 0.4900 Market capitalisation was up marginally at 11,908.35 million Ghana Cedis.

Source: GNA