Business News of Wednesday, 7 November 2007

Source: GNA

Banking stocks still lead the way

Accra, Nov. 7, GNA - Banking stocks again led the way in Wednesday's trading on the Accra bourse to push up the main stock index, but shares that changed hands remained low.

The GSE All-Share Index, the benchmark measure, ended better by 0.34 points at 5,850.06.

A total of only 34,400 shares changed hands, up from Tuesday's 364,100. On the broader market, there were four price changes, all positive. CAL Bank continued its rise by gaining 0.0002 GH cedis at 0.3805 GH cedis, Ecobank Ghana was up by 0.0001 GH cedis at 1.6523 GH cedis and Standard Chartered Bank was better by 0.0080 GH cedis at 24.1100 GH cedis and Guinness Ghana Breweries Limited gained 0.0001 GH cedis at 1.2106 GH cedis.

Market capitalisation was up at 11,855.71 million GH cedis from 11,855.51 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 0.3850 +0.0002

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 1.6523 +0.0001

Enterprise Insurance Co. Ltd EIC 1.2003

Ecobank Transnational Inc. ETI 1.1650

Fan Milk Limited FML 2.1501

Ghana Commercial Bank Ltd GCB 0.9602

Guinness Ghana Breweries Ltd GGBL 1.2106 +0.0001

Golden Web Ltd GWEB 0.0550

HFC Bank Ltd HFC 0.5398

Mechanical Llyod Co. Ltd MLC 0.2100

Pioneer Kitchenware Ltd PKL 0.0800

Produce Buying Company PBC 0.2400

PZ Cussons Ghana Ltd PZ 0.8301

Standard Chartered Bank Gh.Ltd SCB 24.1100 +0.0080

Starwin Products Limited SPL 0.0550

Super Paper Products Co. Ltd SPPC 0.0330

SG-SSB Limited SG-SSB 1.1000

Sam Woode Limited SWL 0.0265

Trust Bank Ltd (Gambia) TBL 1.3250

TOTAL Petroleum Ghana Ltd TOTAL 5.4905

Transaction Solutions Gh.Ltd TRANSOL 0.1200

Unilever Ghana Ltd UNIL 2.1005

AngloGold Ashanti Depository Shares AADS 0.3450