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Business News of Monday, 13 August 2007

Source: GNA

Banking stocks continue to lead the way

Accra, Aug. 13, GNA - Banking stocks continued to lead the way as the Accra bourse edged up in trading on Wednesday.

The GSE All-Share Index, the main stock index, grew by 5.41 points to 5,412.59 points from Tuesday's 5,407.18 and change for the year jumped to 8.12 per cent.

Shares that changed hands rose to 1,559,00 from 89,700 with HFC Bank selling 1,163,800.

There were six price changes, all positive.

Ecobank Ghana was 0.0001 GH cedi higher at 1.5001 GH cedis, Ghana Commercial Bank was 0.0094 GH cedis better at 0.7000 GH cedis, Guinness Ghana Breweries Limited gained 0.0001 GH cedi at 0.9656 GH cedis, SG-SSB gained 0.0050 GH cedis at 0.9250 GH cedis, Total gained 0.0005 GH cedis at 5.4805 GH cedis and Unilever rose by 0.0010 GH cedis at 2.0010 GH cedis.

Market capitalization was 11,619.16 million GH cedis from 11,615.85 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

British American Tobacco Ltd BAT 0.4266

Benso Oil Palm Plantation BOPP 0.5000

Cal Bank Limited CAL 0.3350

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 1.5001 +0.0001

Enterprise Insurance Co. Ltd EIC 1.2001

Ecobank Transnational Inc. ETI 1.1650

Fan Milk Limited FML 2.1050

Ghana Commercial Bank Ltd GCB 0.7000 +0.0094

Guinness Ghana Breweries Ltd GGBL 0.9656 +0.0001

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 0.7350

Standard Chartered Bank Gh. Ltd SCB 19.0000

Starwin Products Limited SPL 0.0550

Super Paper Products Co. Ltd SPPC 0.0203

SG-SSB Limited SG-SSB 0.9250 +0.0050

Sam Woode Limited SWL 0.0265

Trust Bank Ltd (Gambia) TBL 1.3250

TOTAL Petroleum Ghana Ltd TOTAL 5.4805 +0005

Transaction Solutions (Ghana) Ltd TRANSOL 0.1200

Unilever Ghana Ltd UNIL 2.0010 +0.0010

AngloGold Ashanti Depository Shares AADS 0.3450