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Business News of Thursday, 14 August 2008

Source: GNA

Accra bourse index in big leap on Ecobank Ghana gain

Accra, Aug. 14, GNA - The GSE-All Share Index, the main measure of the Accra Bourse, jumped a whopping 71.84 points on the back of price gains in three equities.

The index rallied to close at 10,591.45 up from 10,519.61 points. The change year to date now stands at 60.48 per cent. Shares that changed hands ended the session at 981,600 shares, three times higher than Wednesday's close of 238,900 shares. Ecobank Ghana alone sold 826,100 shares.

On the broader market there were three positive price gains. Ecobank Ghana went up by GH¢0.22 at GH¢4.61; Unilever gained GH¢0.03 at GH¢3.00 and Fan Milk Limited was up at GH¢0.39 to close at GH¢4.30.

Market capitalisation ended the session up at GH¢17,821.01 million from GH¢17,775.95 million.

The following are the closing prices of equities in Ghana cedis

Equities Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.12 Anglo Gold Ashanti AGA 30.00 Aluworks Limited ALW 0.62 Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 1.30 Cal Bank Limited CAL 0.70 CFAO Ghana Limited CFAO 0.04 Clydestone Ghana Ltd CLYD 0.08 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.05

Ecobank Ghana Ltd EBG 4.61 +0.22

Enterprise Insurance Co. Ltd EIC 2.61 Ecobank Transnational Inc. ETI 0.45

Fan Milk Limited FML 4.30 +0.39 Ghana Commercial Bank Ltd GCB 1.35 Guinness Ghana Breweries Ltd GGBL 2.35 Ghana Oil Company GOIL 0.40 Golden Star Resources GSR 3.10 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.62 Mechanical Lloyd Co. Ltd MLC 0.21 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.22 PZ Cussons Ghana Ltd PZ 1.00

Standard Chart. Bank Gh.Ltd SCB 37.07 SIC Insurance Company Limited SIC 0.63

Starwin Products Limited SPL 0.05 Super Paper Products Co. Ltd SPPC 0.07 SG-SSB Limited SG-SSB 1.35 Sam Woode Limited SWL 0.03 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 6.20 Transaction Solutions Gh.Ltd TRANSOL 0.11 Unilever Ghana Ltd UNIL 3.00 +0.03 AngloGold Ashanti Depository Shares AADS 0.35