Business News of Wednesday, 2 July 2008

Source: GNA

Accra bourse index rises in active market

Accra, July 2, GNA - The GSE-All Share Index, the benchmark measure of performance on the Accra Bourse, continued its steady rise on Wednesday with

a gain of 5.87 points to close 10,352.17 points in an active market. Change year to date now stands at 56.86 per cent. Traded volumes rose to 4,461,900 shares on the back of block sales in CAL Bank and the State Insurance Company (SIC), which sold over 2.5 million shares and 1.5 million shares respectively. There were three positive price changes.

Ecobank Ghana (EBG) gained GH¢0.02 at GH¢3.97, Enterprise Insurance Company (EIC) was up GH¢0.01 at GH¢2.35 and Fan Milk Limited (FML) went up GH¢0.02 at GH¢3.62. Market capitalisation ended the session up at GH¢15,591.63 million compared to GH¢15,587.76 million at the previous close.

The following are the closing prices of equities in Ghana cedis

Equities Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.12

Anglo Gold Ashanti AGA 30.00 Aluworks Limited ALW 0.62 Ayrton Drug Man. Ltd. AYRTN 0.16 Benso Oil Palm Plantation BOPP 1.20 Cal Bank Limited CAL 0.70 CFAO Ghana Limited CFAO 0.040 Clydestone Ghana Ltd CLYD 0.08 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.053 Ecobank Ghana Ltd EBG 3.97 +0.02 Enterprise Insurance Co. Ltd EIC 2.35 +0.01 Ecobank Transnational Inc. ETI 0.47 Fan Milk Limited FML 3.62 +0.02 Ghana Commercial Bank Ltd GCB 1.35 Guinness Ghana Breweries Ltd GGBL 2.16 Ghana Oil Company GOIL 0.40 Golden Star Resources GSR 3.10 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.62 Mechanical Llyod Co. Ltd MLC 0.21 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.22 PZ Cussons Ghana Ltd PZ 0.89

Standard Chart. Bank Gh.Ltd SCB 30.83 SIC Insurance Company Limited SIC 0.63

Starwin Products Limited SPL 0.05 Super Paper Products Co. Ltd SPPC 0.04 SG-SSB Limited SG-SSB 1.35 Sam Woode Limited SWL 0.03 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 6.11 Transaction Solutions Gh.Ltd TRANSOL 0.11 Unilever Ghana Ltd UNIL 2.70 AngloGold Ashanti Depository Shares AADS 0.35