Business News of Wednesday, 8 November 2006

Source: GNA

Another ECOBANK gain sustains stock index

Accra, Nov. 8, GNA 96 Another respectable gain by blue chip Ecobank Ghana on Wednesday sustained the Ghana Stock Exchange (GSE) index despite losses by CAL and Ecobank International.

The GSE All-Share Index was 1.3 points better at 4,984.64 points from 4,983.34 points on Tuesday while change for the year also continued its upward march at 4.52 per cent from 4.50 per cent. Ecobank Ghana gained 100 cedis at 13,000 cedis while CAL lost 50 cedis at 1,750 cedis and Ecobank Transnational also went down by one cedi at 22,706 cedis.

Total shares traded picked up slightly at 52,900 from 28,000 shares and market capitalisation also jumped to 112,159.01 billion cedis from 112,151.35 billion cedis on Tuesday.

The following are the last prices of the listed equities in cedis:

ABL 1,150 AGA 300,000 ALW 7,021 ARYTN 970 BAT 3,200 BOPP 5,500

CAL 1,750 -50

CFAO 399 CLYD 800 CMLT 1,700 CPC 538

EBG 13,000 +100

EIC 8,800

ETI 22,706 -1

FML 16,561 GCB 6,150 GGBL 9,253 GWEB 550 HFC 5,400 MLC 2,300 PKL 800 PBC 2,800 PZ 6,650 SCB 155,005 SPL 550 SPPC 300 SG-SSB 6,000 SWL 265 TBL 27,000 TOTAL 54,015 UNIL 15,000 AADS 3,100 08 Nov. 06