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Business News of Thursday, 18 October 2007

Source: GNA

Stock index continues to rise

Accra, Oct. 18, GNA - The main stock index made another healthy gain in trading on Thursday but volumes that changed hands have continued to be low.

The GSE All-Share Index, the main index, gained 26.07 points at 5,785.13 points and change for the year ended at 15.56 per cent. Number of shares that changed hands ended lower at 401,100 from Wednesday's 1.136 million shares.

On the broader market, there were six price changes, all positive, with banking stocks leading the way.

CAL Bank inched up by 0.0001 GH cedis at 0.3466 GH cedis, Ecobank Ghana Limited gained 0.0244 GH cedis at 1.6500 GH cedis, Standard Chartered Bank was up by 0.5000 GH cedis at 23.0000 cedis and SG-SSB gained 0.0150 GH cedis at 1.0700 GH cedis.

Guinness Ghana Breweries Limited was 0.0010 GH cedis at 1.2020 GH cedis and Fan Milk Limited was up by 0.0380 GH cedis at 2.1500 GH cedis. Market capitalisation ended better at 11,816.35 million GH cedis.

The following are the prices of equities in cedis

Equities Full Name Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.1150

Anglo Gold Ashanti AGA 30.0000

Aluworks Limited ALW 0.7400

Ayrton Drug manufacturing Ltd AYRTN 0.0976

Benso Oil Palm Plantation BOPP 0.5000

Cal Bank Limited CAL 0.3466 +0.0001

CFAO Ghana Limited CFAO 0.0350

Clydestone Ghana Ltd CLYD 0.0800

Camelot Ghana Limited CMLT 0.1700

Cocoa Processing Company Ltd CPC 0.0530

Ecobank Ghana Ltd EBG 1.6500 +0.0244

Enterprise Insurance Co. Ltd EIC 1.2003

Ecobank Transnational Inc. ETI 1.1650

Fan Milk Limited FML 2.1500 +0.0380

Ghana Commercial Bank Ltd GCB 0.9300

Guinness Ghana Breweries Ltd GGBL 1.2020 +0.0010

Golden Web Ltd GWEB 0.0550

HFC Bank Ltd HFC 0.5400

Mechanical Llyod Co. Ltd MLC 0.2100

Pioneer Kitchenware Ltd PKL 0.0800

Produce Buying Company PBC 0.2400

PZ Cussons Ghana Ltd PZ 0.8150

Standard Chartered Bank Gh.Ltd SCB 23.0000 +0.5000

Starwin Products Limited SPL 0.0550

Super Paper Products Co. Ltd SPPC 0.0330

SG-SSB Limited SG-SSB 1.0700 +0.0150

Sam Woode Limited SWL 0.0265

Trust Bank Ltd (Gambia) TBL 1.3250 TOTAL Petroleum Ghana Ltd TOTAL 5.4900 Transaction Solutions Gh.Ltd TRANSOL 0.1200 Unilever Ghana Ltd UNIL 2.1000 AngloGold Ashanti Depository Shares AADS 0.3450 18 Oct. 07