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Business News of Wednesday, 21 May 2008

Source: GNA

Accra bourse index continues upswing

Accra, May 21, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the benchmark measure of the Accra bourse, gained 8.49 points to close at 9,616.29 from 9,607.80 points on Wednesday. Change for the year to date now stands at 45.71 per cent. Traded volumes fell to close at 297,300 shares from 530,800 shares.

On the broader market there were four price changes, all positive. Benso Oil Palm Plantation (BOPP) gained GH¢ 0.04 to close at GH¢ 1.05, Ecobank Ghana Limited (EBG) was up GH¢ 0.02 at GH¢ 3.21, Enterprise Insurance Company went up GH¢ 0.01 at GH¢ 2.02 and Unilever went up by GH¢ 0.01 to close GH¢ 2.40. Market capitalisation ended the session up at GH¢ 15,066.59 million from 15,061.09 million at the previous close on Tuesday.

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 0.71 Ayrton Drug Man. Ltd. AYRTN 0.17 Benso Oil Palm Plantation BOPP 1.05 +0.04 Cal Bank Limited CAL 0.62 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 3.21 +0.02 Enterprise Insurance Co. Ltd EIC 2.02 +0.01 Ecobank Transnational Inc. ETI 2.25 Fan Milk Limited FML 3.28 Ghana Commercial Bank Ltd GCB 1.38

Guinness Ghana Breweries Ltd GGBL 1.74 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 0.24 PZ Cussons Ghana Ltd PZ 0.88

Standard Chart. Bank Gh.Ltd SCB 27.09 SIC Insurance Company Limited SIC 0.47

Starwin Products Limited SPL 0.05 Super Paper Products Co. Ltd SPPC 0.033 SG-SSB Limited SG-SSB 1.47 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 2.40 +0.01 AngloGold Ashanti Depository Shares AADS 0.345