Business News of Thursday, 18 March 2010

Source: GNA

Accra Bourse Index rises on gains in banking stocks

Accra, March 18, GNA - The GSE All-Share Index, the benchmark measure, gained 9.59 points at 5,834.89 points, buoyed by continued investors' confidence in banking stocks.

The gain brings the year to date change to 4.71 per cent. On the broader market, there were three price changes-two gainers and a laggard.

Ecobank (EBG) gained GH¢0.05 at GH¢3.65 and Standard Chartered Bank advanced GH¢0.03 at GH¢31.33.

The laggards were Produce Buying Company, which dropped by GH¢0.01 GH¢0.10.

Traded volumes closed the session at 103,630 shares valued at GH¢173,218.41.

Market Capitalisation closed the session marginally up at GH¢17,651.47 million.