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Business News of Monday, 11 February 2008

Source: GNA

GSE All-Share Index moves up in brisk trading

Accra, Feb. 11, GNA - Major gains by two financial equities during Monday's brisk trading on the Ghana Stock Exchange (GSE) pushed the GSE All-Share Index, the main market indicator, up by 33.56 points to 6,779.43 points from 6,745.87 points on Friday. SIC Insurance Company Limited (SIC) sold 707,000 shares while Cal Bank Limited (CAL) disposed of 223,100 shares out of the total of 936,700 shares traded.

Change year to date went up to 2.72 per cent from 2.21 per cent on Friday.

On the broader market the SIC shares continued to appreciate with a gain of GH¢ 0.05 to close at GH¢ 0.41, while CAL also gained GH¢ 0.05 to close trading at GH¢ 0.58. Ecobank Ghana Limited (EBG) and Guinness Ghana Breweries Limited (GGBL) went up by GH¢ 0.01 each to end trading at GH¢ 2.19 and GH¢1.24, respectively. Market capitalisation went up to GH¢ 13.26 billion.

The following are the closing prices of equities in Ghana cedis

Equities Full Name 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 0.10 Benso Oil Palm Plantation BOPP 0.48

Cal Bank Limited CAL 0.58 +0.05

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 2.19 +0.01

Enterprise Insurance Co. Ltd EIC 1.50 Ecobank Transnational Inc. ETI 1.29 Fan Milk Limited FML 2.67 Ghana Commercial Bank Ltd GCB 1.01

Guinness Ghana Breweries Ltd GGBL 1.24 +0.01

Ghana Oil Company GOIL 0.31 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 26.60

SIC Insurance Company Limited SIC 0.41 + 0.05

Starwin Products Limited SPL 0.05 Super Paper Products Co. Ltd SPPC 0.033 SG-SSB Limited SG-SSB 1.31 Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 5.50 Transaction Solutions Gh.Ltd TRANSOL 0.12 Unilever Ghana Ltd UNIL 2.12

AngloGold Ashanti Depository Shares AADS 0.345