You are here: HomeBusiness2007 10 04Article 131854

Business News of Thursday, 4 October 2007

Source: GNA

Stock index down on GCB loss

Accra, Oct. 4, GNA - A loss by Ghana Commercial Bank (GCB) on Thursday forced down the main indices of the Ghana Stock Exchange on another quiet day of trading.

The GSE All-Share Index fell by 21.18 points from Wednesday's 5,719.89 points to 5,698.71.

Change for the year also ended down at 13.84 per cent from 14.26 per cent so did the number of shares that changed hands go down at 127,700 shares from 182,600 shares on Wednesday.

On the broader market there were six price changes, one down and five up. GCB lost 0.0502 GH cedis to close trading at 0.9000 GH cedis. The gainers were CAL Bank that went up by 0.0026 GH cedis at 0.3451 GH cedis; Ecobank Ghana gained 0.0002 GH cedis at 1.6103 GH cedis; Enterprise Insurance Company inched up by 0.0001 GH cedis at 1.2003 GH cedis; SG-SSB made 0.0001 GH cedis at 1.0521 GH cedis and Unilever was better by 0.0001 GH cedis at 2.0501 GH cedis.

Market capitalisation also ended lower at 11,763.96 million GH cedis from 11,776.80 GH million 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 0.3451 +0.0026

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 1.6103 +0.0002

Enterprise Insurance Co. Ltd EIC 1.2003 +0.0001

Ecobank Transnational Inc. ETI 1.1650 Fan Milk Limited FML 2.1120 Ghana Commercial Bank Ltd GCB 0.9000 -0.0502 Guinness Ghana Breweries Ltd GGBL 1.0700 Golden Web Ltd GWEB 0.0550 HFC Bank Ltd HFC 0.5346 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 22.5000 Starwin Products Limited SPL 0.0550 Super Paper Products Co. Ltd SPPC 0.0205

SG-SSB Limited SG-SSB 1.0521 +0.0001

Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.3250 TOTAL Petroleum Ghana Ltd TOTAL 5.4853 Transaction Solutions Gh.Ltd TRANSOL 0.1200 Unilever Ghana Ltd UNIL 2.0501 +0.0001 AngloGold Ashanti Depository Shares AADS 0.3450