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Business News of Friday, 25 January 2008

Source: GNA

GSE All-Share Index continues rise

Accra, Jan. 25, GNA - The Ghana Stock Exchange (GSE) All-Share Index, main market indicator, on Friday rose 9.32 points to close trading at 6,715.44 points.

The Index which had maintained a steady increase since Monday's opening rose again from 6,706.12 points on Thursday to 6,715.44 points on the back of four equities including SIC Insurance Company which listed and commenced trading today.

Total shares traded however fell from 3,455,600 shares at the previous session to 810,600 shares on Friday with CAL Bank Limited selling highest of 762,500 shares.

Change year to date now stood at 1.75 per cent.

Of the four positive price changes recorded, CAL Bank Limited made the highest of 0.0052 GH cedis to close at 0.5052 GH cedis, Ecobank Ghana Limited went up by 0.0003 GH cedis at 2.1733 GH cedis, SIC Insurance Company made 0.0002 GH cedis to close 0.3252 GH cedis and Fan Milk Ghana Limited was richer by 0.0001 GH cedis at 2.6627 GH cedis.

Market capitalisation went up marginally to GH=A2 12,510.81 from GH=A2 12,509.94 on Thursday.

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 0.5062 + 0.0052

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 2.1733

Enterprise Insurance Co. Ltd EIC 1.4352

Ecobank Transnational Inc. ETI 1.2815 Fan Milk Limited FML 2.6627 +0.0001 Ghana Commercial Bank Ltd GCB 1.0051

Guinness Ghana Breweries Ltd GGBL 1.2331 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 26.6000 + 0.5000

SIC Insurance Company Ltd SIC 0.3252 + 0.0002

Starwin Products Limited SPL 0.0550 Super Paper Products Co. Ltd SPPC 0.0330 SG-SSB Limited SG-SSB 1.3050 Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.3250 TOTAL Petroleum Ghana Ltd TOTAL 5.4952 Transaction Solutions Gh.Ltd TRANSOL 0.1200 Unilever Ghana Ltd UNIL 2.1203 AngloGold Ashanti Depository Shares AADS 0.3450