Business News of Monday, 29 November 2010

Source: GNA

Accra bourse index rises on Ecobank, others

Accra, Nov. 29, GNA - The GSE All-Share Index, the benchmark measure= of performance of the Ghana Stock Exchange, opened the week up by 109.95 to 7,058.01 points buoyed by gains in five equities. The rise brings the gains so far this year to 26.66 per cent. There were five advancers and two laggards during the session.

Gainers for the session were Standard Chartered Bank (SCB), which wa= s up by GH¢0.09 to GH¢45.11, Ghana Oil Company Limited (GOIL), which ga= ined GH¢0.01 at GH¢0.25 and Fan Milk Limited (FML), which went up by GH¢= 0.03 at GH¢9.54. Other advancers were Ecobank Transnational Incorporated (ETI), which=

appreciated GH¢0.01 to GH¢0.15 and Benso Oil Palm Plantation, which g= ained GH¢0.01 to GH¢0.71.

On the flipside, Enterprise Group Limited (EGL) slipped by GH¢0.02= to close at GH¢0.58 and Ecobank Ghana (EBG) shed GH¢0.02 to close at GH¢= 2.99. A total of 361,135 shares were traded, valued at GH¢118,530.34. Market Capitalisation closed the session at GH¢20,053.78 million.