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Business News of Tuesday, 15 April 2008

Source: GNA

Accra bourse index continues upswing

Accra, April 15, GNA - The Accra bourse continued its impressive run on Tuesday with the benchmark index, the GSE All-Share Index, gaining 26.28 points. The index rallied to close at 8,675.34 points from 8,649.06 points on Monday.

Change for the year to date now stands at 31.45 per cent. Traded volumes closed the session at 1,949,800 shares, more than four times higher than Monday's level of 460,000 shares, mostly on the back of a block trade in Ayrton Drug Manufacturing Limited shares. Ayrton alone sold 1,327,700 shares.

On the broader market there were four positive price changes. CAL gained GH¢ 0.03 to close trading at GH¢ 0.56, Ecobank Ghana Limited was up GH¢ 0.02 at GH¢ 2.73, Fan Milk Ghana Limited went up GH¢ 0.01 to close at GH¢ 2.90 and Guinness Ghana Limited was richer by GH¢ 0.05 at GH¢ 1.60. Market capitalisation closed the trading session up at GH¢ 14,477.55 compared to GH¢ 14,461.18 million on Monday.

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 0.60

Cal Bank Limited CAL 0.56 + 0.03

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 2.73 + 0.02

Enterprise Insurance Co. Ltd EIC 1.83

Ecobank Transnational Inc. ETI 1.96

Fan Milk Limited FML 2.90 + 0.01

Ghana Commercial Bank Ltd GCB 1.32

Guinness Ghana Breweries Ltd GGBL 1.60 + 0.05

Ghana Oil Company GOIL 0.26

Golden Star Resources GSR 3.10

Golden Web Ltd GWEB 0.055

HFC Bank Ltd HFC 0.58

Mechanical Llyod Co. Ltd MLC 0.21

Pioneer Kitchenware Ltd PKL 0.08

Produce Buying Company PBC 0.24

PZ Cussons Ghana Ltd PZ 0.86

Standard Chart. Bank Gh.Ltd SCB 26.77

SIC Insurance Company Limited SIC 0.41

Starwin Products Limited SPL 0.05

Super Paper Products Co. Ltd SPPC 0.033

SG-SSB Limited SG-SSB 1.48

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 2.25

AngloGold Ashanti Depository Shares AADS 0.345