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Business News of Wednesday, 9 April 2008

Source: GNA

Accra bourse continues impressive run

Accra, April 9, GNA - The Ghana Stock Exchange opened higher on Wednesday with the GSE All-Share Index, the benchmark indicator of performance of the bourse, gaining 28.41 points. The Index rallied to close 8,434.20 points up from 8,405.79 points on Tuesday.

Change for the year to date now stands at 27.80 per cent. Active trading saw traded volumes increase to 530,100 shares from 300,300 shares with CAL Bank selling 261,700 shares. On the broader market there were six price changes, five positive and one negative.

Benso Oil Palm Plantation (BOPP) continued its impressive run with another 0.01 GH cedi gain to close at 0.59 GH cedis, Ecobank Ghana Limited was up 0.02 GH cedi to close at 2.70 GH cedis, Enterprise Insurance Company went up by 0.01 GH cedi at 1.81 GH cedis, Guinness Ghana Brewery Limited was up 0.04 GH cedis at 1.55 GH cedis and Unilever Ghana Limited was up 0.17 GH cedi at 2.40 GH cedis.

The only equity that lost at the session was CAL Bank, which went down by 0.02 GH cedis to close at 0.53 GH cedis. Market capitalisation closed the trading session up at 14,326.92 million cedis compared to 14,309.02 million GH cedis on Tuesday.

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 0.13 Benso Oil Palm Plantation BOPP 0.59 +0.01 Cal Bank Limited CAL 0.53 -0.02 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 2.70 +0.02 Enterprise Insurance Co. Ltd EIC 1.81 +0.01

Ecobank Transnational Inc. ETI 1.86 Fan Milk Limited FML 2.89 Ghana Commercial Bank Ltd GCB 1.31 Guinness Ghana Breweries Ltd GGBL 1.55 +0.04 Ghana Oil Company GOIL 0.26 Golden Star Resources GSR 3.10 Golden Web Ltd GWEB 0.055 HFC Bank Ltd HFC 0.55 Mechanical Llyod Co. Ltd MLC 0.21 Pioneer Kitchenware Ltd PKL 0.08 Produce Buying Company PBC 0.24 PZ Cussons Ghana Ltd PZ 0.85 Standard Chart. Bank Gh.Ltd SCB 26.77 SIC Insurance Company Limited SIC 0.40

Starwin Products Limited SPL 0.05 Super Paper Products Co. Ltd SPPC 0.033 SG-SSB Limited SG-SSB 1.49 Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 5.57 Transaction Solutions Gh.Ltd TRANSOL 0.12 Unilever Ghana Ltd UNIL 2.40 +0.17 AngloGold Ashanti Depository Shares AADS 0.345