You are here: HomeBusiness2008 03 28Article 141484

Business News of Friday, 28 March 2008

Source: GNA

Accra bourse in huge gain on ETI rise

Accra, March 28, GNA - The GSE All Share Index, the benchmark measure of the Accra bourse, leaped by a whopping 221.48 points on the back of Ecobank Transnational to close at 7,837.13 points from 7,615.65 points at the previous close on Thursday.

Change for the year to date now stands at 18.75 per cent. Traded volumes were also higher at 2,003,000 shares from 499,500 shares on Thursday from with Ghana Commercial Bank (GCB), which held its AGM on Friday, selling 1,004,600 shares.

On the broader market there were four price changes, all positive. Ecobank Transnational Incorporated, the second most highly capitalised stock, gained 0.10 GH cedis at 1.60 GH cedis, GCB was 0.01 GH cedis better at 1.31 GH cedis, Total was up by 0.01 GH cedis at 5.57 GH cedis while Unilever also gained 0.01 GH cedis at 2.23 GH cedis. Market capitalisation closed the session up at 13,947.63 million GH cedis from 13,809.51 million GH cedis on Thursday.

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 0.13 Benso Oil Palm Plantation BOPP 0.55 Cal Bank Limited CAL 0.70 CFAO Ghana Limited CFAO 0.035 Clydestone Ghana Ltd CLYD 0.08 Camelot Ghana Limited CMLT 0.17 Cocoa Processing Com Ltd CPC 0.053 Ecobank Ghana Ltd EBG 2.62 Enterprise Insurance Co. Ltd EIC 1.80

Ecobank Transnational Inc. ETI 1.60 +0.10

Fan Milk Limited FML 2.80 Ghana Commercial Bank Ltd GCB 1.31 +0.01 Guinness Ghana Breweries Ltd GGBL 1.45 Ghana Oil Company GOIL 0.26

Golden Star Resources GSR 3.10 Golden Web Ltd GWEB 0.055

HFC Bank Ltd HFC 0.54 Mechanical Llyod Co. Ltd MLC 0.21 Pioneer Kitchenware Ltd PKL 0.08 Produce Buying Company PBC 0.24 PZ Cussons Ghana Ltd PZ 0.85 Standard Chart. Bank Gh.Ltd SCB 26.77 SIC Insurance Company Limited SIC 0.37

Starwin Products Limited SPL 0.05 Super Paper Products Co. Ltd SPPC 0.033 SG-SSB Limited SG-SSB 1.49 Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 5.57 +0.01

Transaction Solutions Gh.Ltd TRANSOL 0.12

Unilever Ghana Ltd UNIL 2.23 +0.01

AngloGold Ashanti Depository Shares AADS 0.345