Business News of Wednesday, 16 April 2008

Source: GNA

Accra bourse continues bullish run

Accra, April 16, GNA - The Ghana Stock Exchange saw another bullish run on Wednesday with the benchmark index, the GSE All-Share Index, going up by 33.78 points. The index closed the session buoyed by gains by four equities to close at 8,709.12 points from 8,675.34 points.

Change for the year to date now stands at 31.96 per cent. Shares that changed hands dropped drastically at 469,100 shares down from 1,949,800 shares on Tuesday.

On the broader market there were four positive price changes. CAL Bank gained GH¢ 0.01 to close trading at GH¢ 0.57, Ecobank Ghana Limited was up GH¢ 0.02 at GH¢ 2.75, Ghana Commercial Bank went up GH¢ 0.06 to close at GH¢ 1.38 and Benso Oil Palm Plantation was up by GH¢ 0.01 at GH¢ O.61. Market capitalisation closed the session up at GH¢ 14,498.60 from GH¢ 14,477.55 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 0.13

Benso Oil Palm Plantation BOPP 0.61 +0.01

Cal Bank Limited CAL 0.57 +0.01

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 2.75 +0.02

Enterprise Insurance Co. Ltd EIC 1.83

Ecobank Transnational Inc. ETI 1.96

Fan Milk Limited FML 2.90

Ghana Commercial Bank Ltd GCB 1.38 +0.06

Guinness Ghana Breweries Ltd GGBL 1.60

Ghana Oil Company GOIL 0.26

Golden Star Resources GSR 3.10

Golden Web Ltd GWEB 0.055

HFC Bank Ltd HFC 0.58

Mechanical Llyod Co. Ltd MLC 0.21

Pioneer Kitchenware Ltd PKL 0.08

Produce Buying Company PBC 0.24

PZ Cussons Ghana Ltd PZ 0.86

Standard Chart. Bank Gh.Ltd SCB 26.77

SIC Insurance Company Limited SIC 0.41

Starwin Products Limited SPL 0.05

Super Paper Products Co. Ltd SPPC 0.033

SG-SSB Limited SG-SSB 1.48

Sam Woode Limited SWL 0.0265

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 5.57

Transaction Solutions Gh.Ltd TRANSOL 0.12

Unilever Ghana Ltd UNIL 2.25

AngloGold Ashanti Depository Shares AADS 0.345