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Business News of Tuesday, 5 February 2008

Source: GNA

Six gainers and a loser push GSE All-Share Index up

Accra, Feb. 5, GNA - Gains by six equities and a loss by one during Tuesday's brisk trading at the Ghana Stock Exchange (GSE) pushed up the GSE All-Share Index, the main market indicator, by 4.87 points to 6,727.18 points from 6,722.31 points on Monday.

Change year to date also went up to 1.93 per cent from 1.86 per cent during the previous trading.

Volume of shares traded was 588,000 shares; compared to 204,900 shares traded on Monday. Benso Oil Palm Plantation (BOPP) sold 500,100 of the shares.

On the broader market there were six positive price changes and one negative. Enterprise Insurance Company (EIC) led the pack of gainers with GH¢ 0.0599 to close trading at GH¢ 1.500; another financial institution SIC Insurance Company Limited (SIC) went up by GH¢ 0.0144 to close at GH¢ 0.3501 while SG-SSB Limited gained GH¢ 0.0011 to end trading at GH¢ 1.3061.

Cal Bank (CAL) was GH¢ 0.0004 richer at GH¢ 0.5115, while Ecobank Ghana Limited (EBG) and Ghana Commercial Bank (GCB) gained GH¢ 0.0001 each to close trading at GH¢ 2.1761 and GH¢ 1.0059, respectively.

The only loser was Starwin Products Limited (SPL) that lost GH¢ 0.0050 to close at GH¢ 0.0500 Market capitalisation went up to GH¢ 12,519.44 million from GH¢ 12,515.19 million on Monday.