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Business News of Thursday, 8 April 2010

Source: GNA

Accra Bourse Index falls on financial stocks

Accra, April 8, GNA - Shares on the Ghana Stock Exchange closed lowe= r on Thursday on account of losses in three equities, reversing previous ga= ins in the index. The benchmark GSE All-Share Index fell 160.85 points to close at 6,116.77 points from 6,277.62 points at the previous close. This brings the gains so far this year to 9.77 percent. On the broader market, Ecobank Ghana Limited (EBG) dropped GH¢0.20 at GH¢3.65, Ecobank Transnational Incoporated (ETI) lost GH¢0.01 at GH¢= 0.16 and Ghana Commercial Bank (GCB) fell GH¢0.01 at GH¢0.97. The only gainer for the session was SG-SSB, which went up GH¢0.04 a= t GH¢0.51. Traded volumes were twice as high at 589,870 shares valued at GH¢602,533.92 from 256,234 shares valued at GH¢263,742.79 at the prev= ious close. Market Capitalization dropped to close the session at GH¢17,905.43=

million compared to GH¢18,039.89 million at Wednesday's close.

The following are the closing prices of equities in Ghana Cedis:

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.10 African Champion Industries Ltd ACI 0.09 Anglo Gold Ashanti AGA 34.00 Aluworks Limited ALW 0.44 Ayrton Drug Man. Ltd. AYRTN 0.14 Benso Oil Palm Plantation BOPP 0.50 Cal Bank Limited CAL 0.20 CFAO Ghana Limited CFAO 0.03 Clydestone Ghana Ltd CLYD 0.07 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.03

Ecobank Ghana Ltd EBG 3.65 -0.20

Enterprise Insurance Co. Ltd EIC 2.02

Ecobank Transnational Inc. ETI 0.16 -0.01

Fan Milk Limited FML 6.90

Ghana Commercial Bank Ltd GCB 0.97 -0.01

Guinness Ghana Breweries Ltd GGBL 1.40 Ghana Oil Company GOIL 0.19 Golden Star Resources GSR 3.00 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.55 Mechanical Lloyd Co. Ltd MLC 0.18 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.09 PZ Cussons Ghana Ltd PZC 1.10 StandardChart Bank Gh. Ltd SCB 32.90 SIC Insurance Company Limited SIC 0.29 Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.51 +0.04

Sam Woode Limited SWL 0.03 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 7.16 Transaction Solutions Gh. Ltd TRANSOL 0.09 Unilever Ghana Ltd UNIL 3.40 UT Financial Services UTF 0.25 AngloGold Ashanti Depository Shares AADS 0.30 8 April 10