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Business News of Wednesday, 25 April 2007

Source: GNA

GSE All-Share index rises

Accra, April 25, GNA - The GSE All-Share Index, the benchmark measure, rose on Wednesday as the market tried to shake off its dull performance since Monday.

The index went up by 1.56 points to close at 5,137.13 points from 5,135.57 points on Tuesday.

Change for year was up at 2.62 per cent while traded volumes were significantly higher at 568,900 from 28,100 shares. On Monday, a mere 16,900 shares changed hands at the bourse.

On the broader market, there were five price changes, all positive. Ecobank Ghana gained two cedis at 14,155 cedis, Anglogold Ashanti Depository Shares gained 90 cedis at 3,400 cedis, Guinness Ghana Breweries Limited (GGBL) gained one cedi to close at 9,369 cedis, Standard Chartered Bank was one cedi up at 180,007 cedis while Total Petroleum was also better by one cedi at 54,261 cedis. Market capitalization closed at 113,329.27 billion cedis from 113,282.94 billion cedis.

The following are the prices of equities in cedis:

ABL 1,150 AGA 300,000 ALW 7,463 AYRTN 976 BAT 3,300 BOPP 5,450 CAL 2,460 CFAO 350 CLYD 800 CMLT 1,700 CPC 538

EBG 14,155 +2

EIC 9,407 ETI 11,350 FML 19,110 GCB 6,782

GGBL 9,369 +1

GWEB 550 HFC 5,400 MLC 2,100 PKL 800 PBC 2,600 PZ 7,106 SCB 180,007 +1 SPL 550 SPPC 225 SG-SSB 6,337 SWL 265 TBL 13,250 TOTAL 54,261 +1 TRANSOL 1,200 UNIL 15,001 AADS 3,400 +90