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Business News of Friday, 7 March 2008

Source: GNA

Accra Bourse Index jumped up

Accra, March 7, GNA - The GSE All-Share Index, the main gauge of the Accra bourse, jumped up on Friday with the main stock index gaining 40.4 points. The index went up to close at 7,054.94 points from 7,014.54 points on Wednesday. Change year to date now stands at 6.90 per cent. Traded volumes rallied to close at 2,087,500 from Wednesday's close of 591,300 shares with Ghana Commercial Bank alone selling 2,060,700 shares.

There were seven price changes - all positive. Enterprise Insurance Company was up GH¢0.02 at GH¢1.77, Guinness Ghana Breweries Limited was up GH¢0.01 at GH¢1.39, SG-SSB gained GH¢0.01 at GH¢1.38, Ecobank Ghana Limited was GH¢ 0.01 better at GH¢ 2.48, Ecobank Transnational gained GH¢ 0.02 at GH¢ 1.30, Standard Chartered Bank rose by GH¢ 0.01 at GH¢ 26.66 while Total Ghana was up by GH¢ 0.01 at GH¢ 5.54. Market capitalisation was stronger at GH¢ 13,459.31 from Wednesday's close of GH¢ 13,433.59.

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 0.15 Benso Oil Palm Plantation BOPP 0.50 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 2.48 +0.01 Enterprise Insurance Co. Ltd EIC 1.77 +0.02 Ecobank Transnational Inc. ETI 1.30 +0.02 Fan Milk Limited FML 2.75 Ghana Commercial Bank Ltd GCB 1.16

Guinness Ghana Breweries Ltd GGBL 1.39 +0.01 Ghana Oil Company GOIL 0.28 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 26.66 +0.01 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 1.38 +0.01

Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 5.54 +0.01

Transaction Solutions Gh.Ltd TRANSOL 0.12 Unilever Ghana Ltd UNIL 2.17 AngloGold Ashanti Depository Shares AADS 0.345