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Business News of Wednesday, 28 May 2008

Source: GNA

GSE enjoys another impressive

Accra, May 28, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the benchmark measure of the Accra bourse, had another impressive run on Wednesday.

The index rallied by 45.23 points to close at 9,889.94 from 9,844.71 points on the back of gains in five equities. Change for the year to date now stands at 49.85 per cent. Traded volumes closed the session at 264,900 shares down from 14,362,200 shares on the previous session. There were 10 price changes, eight positive and two negative. Benso Oil Palm Plantation gained GH¢0.02 at GH¢1.28, Ecobank Ghana Limited (EBG) was up GH¢0.01 at GH¢3.27 GH cedis, Ecobank Transnational Incorporated went up GH¢0.02 at GH¢2.32 and Fan Milk GH¢0.01 at GH¢3.30.

Other gainers were Guinness Ghana Limited with GH¢0.01 at GH¢1.77, Standard Chartered Bank was up GH¢0.01 at GH¢27.19, State Insurance Company went up GH¢0.02 at GH¢0.50 and Unilever was up GH¢0.01 at GH¢2.44.

The losers were Aluworks, which went down by GH¢0.03 at GH¢0.68 and Produce Buying Company lost GH¢0.02 at GH¢0.22. Market capitalisation ended the session up at GH¢15,237.27 million compared to GH¢15,209.09 million.

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 0.68 -0.03 Ayrton Drug Man. Ltd. AYRTN 0.16 Benso Oil Palm Plantation BOPP 1.28 +0.02 Cal Bank Limited CAL 1.05 CFAO Ghana Limited CFAO 0.04 Clydestone Ghana Ltd CLYD 0.08 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.053 Ecobank Ghana Ltd EBG 3.27 +0.03 Enterprise Insurance Co. Ltd EIC 2.03 Ecobank Transnational Inc. ETI 2.32 +0.02 Fan Milk Limited FML 3.30 +0.01 Ghana Commercial Bank Ltd GCB 1.38

Guinness Ghana Breweries Ltd GGBL 1.77 +0.01 Ghana Oil Company GOIL 0.26 Golden Star Resources GSR 3.10 Golden Web Ltd GWEB 0.055 HFC Bank Ltd HFC 0.62 Mechanical Llyod Co. Ltd MLC 0.21 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.22 -0.02 PZ Cussons Ghana Ltd PZ 0.88

Standard Chart. Bank Gh.Ltd SCB 27.10 +0.01 SIC Insurance Company Limited SIC 0.50 +0.02

Starwin Products Limited SPL 0.05 Super Paper Products Co. Ltd SPPC 0.033 SG-SSB Limited SG-SSB 1.40 Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 6.00 Transaction Solutions Gh.Ltd TRANSOL 0.11 Unilever Ghana Ltd UNIL 2.44 +0.01 AngloGold Ashanti Depository Shares AADS 0.345