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Business News of Friday, 26 October 2007

Source: GNA

Stock index pushes up in quiet trading

Accra, Oct. 26, GNA - The Accra bourse ended a quiet trading session on Friday with less than 30,000 shares changing hands with the main stock index edging up slightly.

The main market index, the All-Share Index, closed up by 3.04 points at 5,839.30 points while change for the year closed the week at 16.65 per cent. The index gained 3.26 points during the week. The number of shares that changed hands on Friday came to a mere 28,400 shares, bringing the total number of shares that were sold during the week to 1.67 million.

On the broader market, there were five price changes, four up and one down, with all the gainers being banking stocks. CAL Bank gained 0.0001 GH cedis at 0.3513 GH cedis, Ecobank Ghana Limited inched up by 0.0001 GH cedis at 1.6507 GH cedis, Standard Chartered Bank was up by 0.1000 GH cedis at 24.1000 cedis and SG-SSB gained 0.0005 GH cedis at 1.0906 GH cedis. HFC Bank was the only loser, shaving 0.0002 GH cedis off its price at 0.5398 GH cedis. Market capitalisation ended better at 11,849.19 million GH cedis, bringing the total rise of the market capitalization during the week to 1.97 million GH cedis.

The following are the prices of equities in 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 0.7400 Ayrton Drug manufacturing Ltd AYRTN 0.0976 Benso Oil Palm Plantation BOPP 0.5000

Cal Bank Limited CAL 0.3513 +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 1.6507 +0.0001

Enterprise Insurance Co. Ltd EIC 1.2003 Ecobank Transnational Inc. ETI 1.1650 Fan Milk Limited FML 2.1501 Ghana Commercial Bank Ltd GCB 0.9601 Guinness Ghana Breweries Ltd GGBL 1.2100 Golden Web Ltd GWEB 0.0550 HFC Bank Ltd HFC 0.5398 -0.0002 Mechanical Llyod Co. Ltd MLC 0.2100 Pioneer Kitchenware Ltd PKL 0.0800 Produce Buying Company PBC 0.2400 PZ Cussons Ghana Ltd PZ 0.8300

Standard Chartered Bank Gh.Ltd SCB 24.1000 +0.1000

Starwin Products Limited SPL 0.0550 Super Paper Products Co. Ltd SPPC 0.0330

SG-SSB Limited SG-SSB 1.0906 +0.0005

Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.3250 TOTAL Petroleum Ghana Ltd TOTAL 5.4900 Transaction Solutions Gh.Ltd TRANSOL 0.1200 Unilever Ghana Ltd UNIL 2.1000

AngloGold Ashanti Depository Shares AADS 0.3450