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Business News of Monday, 4 February 2008

Source: GNA

Rally of five financial equities pushes GSE All-Share Index up

Accra, Feb. 04, GNA - A rally of five financial equities on Monday pushed up the Ghana Stock Exchange All-Share Index (GSE All-Share Index), the main market indicator, by 3.35 points to 6,722.31 points from 6,718.96 points on Friday.

Change year to date now stands at 1.86 per cent, while 204,900 shares were traded with SIC Insurance Company Limited (SIC) selling 122,000 shares out of the total.

On the broader market SIC appreciated by GH¢ 0.0057 to close trading at GH¢ 0.3357; Cal Bank Limited (CAL) was GH¢ 0.0049 better at GH¢ 0.5110; Ecobank Ghana Limited (EBG) gained GH¢ 0.0009 to close trading at GH¢ 2.1760; while Ghana Commercial Bank (GCB) went up by GH¢ 0.0002 to end at GH¢ 1.0058 and Enterprise Insurance Company (EIC) was richer by GH¢ 0.0001 to close trading at GH¢ 1.4401. Market capitalisation went up to GH¢ 12,515.19 million from GH¢ 12,513.10 million on Friday. M