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Business News of Wednesday, 16 January 2008

Source: GNA

GSE All-Share Index shoots up

Accra, Jan. 16, GNA - Thursday saw brisk trading on Ghana Stock Exchange (GSE) as four equities sold more than 100,000 shares and the All-Share Index, main market indicator, shot up by 9.45 points to close trading at 6,680.12 points.

Change year to date also went up to 1.22 per cent from 1.07 per cent on Wednesday.

In all 913,000 shares changed hands with Benso Oil Palm Plantation (BOPP) selling 371,100 shares; Mechanical Llyod Co. Ltd (MLC), 261,700 shares; Ecobank Transnational Inc (ETI), 106,500 shares and Ayrton Drug Manufacturing Limited (AYRTN), 100,000 shares.

On the broader market, there were six positive price changes. Fan Milk Limited (FML) led the pack as it went up by GH=A2 0.2421 to close trading at GH=A2 2.6622; Enterprise Insurance Company (EIC) gained GH=A2 0.1301 to close at GH=A2 1.4301; CAL Bank (CAL) was GH=A2 0.0019 better at GH=A2 0.4600; while SG-SSB Limited (SG-SSB) went up GH=A2 0.0002 to close at GH=A2 1.3002 with Guinness Ghana Breweries Limited (GGBL) and Total Petroleum Ghana Limited (TOTAL) gaining GH=A2 0.0001 each to end trading at GH=A2 1.2328 and GH=A2 5.4951, respectively.

Market capitalisation went up to GH=A2 12,420.55 million from Wednesday's GH=A2 12,412.09 million.

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 Man. Ltd. AYRTN 0.0978 Benso Oil Palm Plantation BOPP 0.4800

Cal Bank Limited CAL 0.4600 + 0.0019

CFAO Ghana Limited CFAO 0.0350 Clydestone Ghana Ltd CLYD 0.0800 Camelot Ghana Limited CMLT 0.1700 Cocoa Processing Com Ltd CPC 0.0530 Ecobank Ghana Ltd EBG 2.1726 Enterprise Insurance Co. Ltd EIC 1.4301 + 0.1301 Ecobank Transnational Inc. ETI 1.2815

Fan Milk Limited FML 2.6622 + 0.2421

Ghana Commercial Bank Ltd GCB 1.0050

Guinness Ghana Breweries Ltd GGBL 1.2328 + 0.0001

Ghana Oil Company GOIL 0.3100 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 Chart. Bank Gh.Ltd SCB 26.1000 Starwin Products Limited SPL 0.0550 Super Paper Products Co. Ltd SPPC 0.0330 SG-SSB Limited SG-SSB 1.3002 + 0.0002 Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.3250

TOTAL Petroleum Ghana Ltd TOTAL 5.4951 + 0.0001

Transaction Solutions Gh.Ltd TRANSOL 0.1200 Unilever Ghana Ltd UNIL 2.1202 AngloGold Ashanti Depository Shares AADS 0.3450 17 Jan. 08