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Business News of Monday, 3 March 2008

Source: GNA

Accra bourse opens week on positive note

Accra, March 3, GNA - The Ghana Stock Exchange opened on a positive note on Monday with the main index, the GSE All-Share Index, moving up 8.25 points to close at 7,013.54 points from 7,005.29 points. Shares traded fell to 507,400 shares, a drop from a high of 1.7 million shares recorded on Friday.

Change year to date now stands at 6.27 per cent.

On the broader market, seven equities saw price appreciations. Ayrton Drug Manufacturing Limited gained GH¢0.01 at GH¢0.14, Benso Oil Palm Plantation went up GH¢0.02 to close GH¢ 0.50, Enterprise Insurance Company was up GH¢0.01 at GH¢1.70 and Fan Milk Limited went up GH¢0.01 to close at GH¢2.71. Other gainers were SG-SSB with GH¢0.01 at GH¢1.36, Total was up GH¢0.02 at GH¢5.53 and UNIL went up GH¢0.01 to close GH¢ 2.17. Market capitalisation rose at GH¢13,431.95 million, up from GH¢13,426.32 million on close of Friday.

The following are the closing prices of equities in Ghana cedis

Equities Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.115

Anglo Gold Ashanti AGA 30.00

Aluworks Limited ALW 0.71

Ayrton Drug Man. Ltd. AYRTN 0.14 + 0.01

Benso Oil Palm Plantation BOPP 0.50 + 0.02

Cal Bank Limited CAL 0.70

CFAO Ghana Limited CFAO 0.035

Clydestone Ghana Ltd CLYD 0.08

Camelot Ghana Limited CMLT 0.17

Cocoa Processing Com Ltd CPC 0.053

Ecobank Ghana Ltd EBG 2.47

Enterprise Insurance Co. Ltd EIC 1.70 + 0.01

Ecobank Transnational Inc. ETI 1.29

Fan Milk Limited FML 2.71 + 0.01

Ghana Commercial Bank Ltd GCB 1.16

Guinness Ghana Breweries Ltd GGBL 1.36

Ghana Oil Company GOIL 0.30

Golden Star Resources GSR 3.10

Golden Web Ltd GWEB 0.055

HFC Bank Ltd HFC 0.54

Mechanical Llyod Co. Ltd MLC 0.21

Pioneer Kitchenware Ltd PKL 0.08

Produce Buying Company PBC 0.24

PZ Cussons Ghana Ltd PZ 0.84

Standard Chart. Bank Gh.Ltd SCB 26.65

SIC Insurance Company Limited SIC 0.42

Starwin Products Limited SPL 0.05

Super Paper Products Co. Ltd SPPC 0.033

SG-SSB Limited SG-SSB 1.36 + 0.01

Sam Woode Limited SWL 0.0265

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 5.53 + 0.03

Transaction Solutions Gh.Ltd TRANSOL 0.12

Unilever Ghana Ltd UNIL 2.17 + 0.01

AngloGold Ashanti Depository Shares AADS 0.345