Business News of Wednesday, 21 March 2007

Source: GNA

GSE All-Share index up in quiet trading

Accra, March 21, GNA - The GSE All-Share index, the benchmark measure, rose by 4.27 points to close at 5,067.90 points in quiet trading on Wednesday.

Shares that changed were 158,500 with SG-SSB Limited selling 150,000 out of them.

Change for the year inched up at 1.24 per cent. On the broader market, there were four price changes, all positive. SG-SSB Limited led the pack with 170 cedis to close at 6,300 cedis; followed by Standard Chartered Bank Ghana Limited, a blue chip company on the GSE, with 10 cedis rise at 168,010 cedis and ECOBANK Ghana Limited and Guinness Ghana Breweries Limited with six cedis and a cedi gain at 14,025 cedis and 9,352 cedis, respectively.

Market capitalization closed higher at 112,867.89 billion cedis from 112,842.35 billion cedis on Tuesday.

The following are the prices of equities in cedis:

ABL 1,150 AGA 300,000 ALW 7,463 AYRTN 976 BAT 3,300 BOPP 5,500 CAL 2,100 CFAO 350 CLYD 800 CMLT 1,700 CPC 538

EBG 14,025 +6

EIC 8,902 ETI 11,350 FML 19,005 GCB 6,143

GGBL 9,352 +1

GWEB 550 HFC 5,400 MLC 2,100 PKL 800 PBC 2,600 PZ 7,105

SCB 168,010 +10

SPL 550 SPPC 225

SG-SSB 6,300 +170

SWL 265 TBL 13,250 TOTAL 54,251 TRANSOL 1,200 UNIL 15,000 AADS 3,310 21 March 07