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Business News of Tuesday, 13 February 2007

Source: GNA

GSE Index in marginal gain

Accra, Feb. 13, GNA - After a slump in Trading on Monday, the GSE All-Share Index, the benchmark measure of the Accra bourse, recovered slightly on Tuesday albeit in a dull market.

The index, rallied to close 0.11 points higher at 5,025.44 points from 5,025.33 points buoyed by price gains of ECOBANK Ghana, Enterprise Insurance and SG-SSB.

Traded volumes fell to 27,400 shares from a high of 1,002,500 recorded on Monday.

Change for the year remained stuck at 0.39 per cent. Market capitalization was up marginally at 112,612.91 billion cedis from 112,612.22 billion cedis.

On the broader market there were four positive price changes. ECOBANK Ghana gained three cedis at 13,584 cedis; SG-SSB was one cedi better at 6,011 cedis; Enterprise Insurance also went up by one cedi at 8,851 cedis and Aluworks was higher by one cedi at 7,264 cedis.

The following are the prices of equities in cedis:

ABL 1,150 AGA 300,000

ALW 7,264 +1

AYRTN 976 BAT 3,300 BOPP 5,500 CAL 2,100 CFAO 350 CLYD 800 CMLT 1,700 CPC 538

EBG 13,584 +3

EIC 8,851 +1

ETI 11,350 FML 18,100 GCB 6,200 GGBL 9,015 GWEB 550 HFC 5,400 MLC 2,100 PKL 800 PBC 2,600 PZ 7,100 SCB 165,001 SPL 550 SPPC 225

SG-SSB 6,011 +1

SWL 265 TBL 13,250 TOTAL 54,100 TRANSOL 1,100 UNIL 15,000 AADS 3,250