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Business News of Thursday, 16 November 2006

Source: GNA

Ecobank, Aluworks gains push up stock index

Accra, Nov. 16, GNA 96 Gains by Aluworks and ECOBANK Ghana lifted the Accra stock index on Thursday although volumes that changed hands were low.

The Ghana Stock Exchange (GSE) All-Share Index, the main stock index, gained 1.71 points at 4,990.58 points from Wednesday's 4,988.87 points.

Change to date ended higher at 4.65 per cent. On the broader market, there were two price changes, both gains. ECOBANK Ghana gained 45 cedis at 13,150 cedis and Aluworks was 69 cedis richer at 7,100 cedis.

Total shares traded slumped further at 19,000 shares from 40,800 shares while market capitalisation was also higher at 112,194.44 billion cedis from 112,184.31 billion cedis.

The following are the last prices of the listed equities in cedis:

ABL 1,150 AGA 300,000

ALW 7,100 +69

ARYTN 976 BAT 3,200 BOPP 5,500 CAL 1,800 CFAO 399 CLYD 800 CMLT 1,700 CPC 538

EBG 13,150 +45

EIC 8,805 ETI 22,706 FML 17,001 GCB 6,150 GGBL 9,253 GWEB 550 HFC 5,400 MLC 2,100 PKL 800 PBC 2,800 PZ 6,650 SCB 155,005 SPL 550 SPPC 300 SG-SSB 6,000 SWL 265 TBL 27,000 TOTAL 54,015 UNIL 15,000 AADS 3,100