Business News of Wednesday, 30 May 2007

Source: GNA

GSE All-Share index rises on ETI gain

Accra, May 30, GNA - The GSE All-Share index, the benchmark measure of the Accra bourse, rallied 20.55 points to close at 5,193.58 points from 5,173.02 points on the back of gains by Ecobank Transnational Incorporated (ETI).

Total shares traded closed the session at 67,500 shares down from 425,300 shares at the previous close on Tuesday. Change Year to date now stands at 3.34 per cent. On the broader market, there were five positive price changes. ETI gained 100 cedis at 11,450 cedis, Fan Milk Limited (FML) was up one cedi at 19,507 cedis and Ghana Commercial Bank went up by two cedis at 6,805 cedis.

Other gainers for the session were Guinness Ghana Brewery Limited (GGBL) which advanced by one cedi at 9,455 cedis and Total Petroleum which went up by six cedis at 54,306 cedis.

Market capitalization ended the session at 114,132.03 billion cedis compared to 114,008.97 billion cedis.

The following are the prices of equities in cedis:

Equities Full Name Share Code Closing Price

Accra Brewery Ltd ABL 1,150

Anglo Gold Ashanti AGA 300,000

Aluworks Limited ALW 7,400

Ayrton Drug manufacturing Ltd AYRTN 976

British American Tobacco Ltd BAT 3,300

Benso Oil Palm Plantation BOPP 5,450

Cal Bank Limited CAL 2,619

CFAO Ghana Limited CFAO 350

Clydestone Ghana Ltd CLYD 800

Camelot Ghana Limited CMLT 1,700

Cocoa Processing Company Ltd CPC 538

Ecobank Ghana Ltd EBG 14,314

Enterprise Insurance Co. Ltd EIC 9,503

Ecobank Transnational Inc. ETI 11,450 +100

Fan Milk Limited FML 19,507 +1

Ghana Commercial Bank Ltd GCB 6,805 +2

Guinness Ghana Breweries Ltd GGBL 9,455 +1

Golden Web Ltd GWEB 550

HFC Bank Ltd HFC 5,400

Mecahnical Llyod Co. Ltd MLC 2,100

Pioneer Kitchenware Ltd PKL 800

Produce Buying Company PBC 2,600

PZ Cussons Ghana Ltd PZ 7,200

Standard Chartered Bank Gh. Ltd SCB 180,605

Starwin Products Limited SPL 550

Super Paper Products Co. Ltd SPPC 225

SG-SSB Limited SG-SSB 7,151

Sam Woode Limited SWL 265

Trust Bank Ltd (Gambia) TBL 13,250

TOTAL Petroleum Ghana Ltd TOTAL 54,306 +6

Transaction Solutions (Ghana)Ltd TRANSOL 1,200

Unilever Ghana Ltd UNIL 15,150

AngloGold Ashanti Depository Shares AADS 3,420