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Business News of Wednesday, 27 February 2008

Source: GNA

GSE All-Share Index leaps up

Accra, Feb. 27, GNA - The Ghana Stock Exchange was a beehive on Wednesday as seven equities experienced positive price changes and over three million shares changed hands.

The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, went up by 11.79 points to 6,995.32 points from 6,983.53 points on Tuesday.

Change year to date went up to 5.99 per cent. On the broader market seven equities experienced positive price changes with Ecobank Ghana Limited (EBG) leading the pack with GH¢ 0.02 gain to close trading at GH¢ 2.46 while the remaining six equities were richer by GH¢ 0.01 each.

Enterprise Insurance Company Limited (EIC) closed trading at GH¢1.69; Fan Milk Limited (FML) GH¢ 2.70; Guinness Ghana Breweries Limited (GGBL) GH¢ 1.35 and Standard Chartered Bank (SCB at GH¢ 26.64

The other gainers were SG-SSB Bank (SG-SSB) at GH¢ 1.35 and Unilever Ghana Limited at GH¢ 2.15.

Total traded volumes stood at 3,378,300 shares with Ayrton Drug Manufacturing Limited (AYRTN) selling 3,287,700 shares. Market capitalisation was GH¢ 13,420.11 million compared to Tuesday's figure of GH¢ 13,412.56 million.