Business News of Wednesday, 5 December 2007

Source: GNA

GSE index falls in moderate trading

Accra, Dec. 5, GNA - The GSE All-Share Index, the benchmark indicator of the Accra Bourse, dropped 5.86 points in moderate trading that saw traded shares slump once again.

The index closed lower at 6,411.80 points from 6,417.66 points. Shares that changed hands fell from over five million on Tuesday to 216,700 shares.

Change year to date now stands at 28.08 per cent. On the broader market there were nine price changes - eight positive and a negative.

The eight gainers are SG-SSB, which appreciated by 0.0001 GH cedis to close at 1.2201 GH cedis; Ghana Oil Company was richer by 0.0011 GH cedis to close at 0.2611 GH Cedis; Ecobank Ghana Limited was 0.0004 GH Cedis better to close at 1.6825 GH cedis; CAL Bank made 0.0001 GH Cedis to close at 0.4206 GH cedis; Ghana Commercial Bank gained 0.0002 GH cedis to close at 0.9712 GH cedis.

Others are Guinness Ghana Breweries Limited gained 0.0001 GH cedis to close at 1.2156 GH cedis; Total went up by 0.0001 at 5.4906 GH cedis and Unilever which gained 0.0001 GH Cedis at 2.1005 GH cedis. The only loser was HFC Bank, which lost 0.0399 GH Cedis at 0.4999 GH Cedis.

Market capitalisation dropped marginally to 12,242.66 million GH Cedis from 12,246.25 million GH cedis.

The following are the prices of equities in Ghana cedis

Equities Full Name Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.1150 Anglo Gold Ashanti AGA 30.0000 Aluworks Limited ALW 0.7300 Ayrton Drug Manufacturing Ltd. AYRTN 0.0978 Benso Oil Palm Plantation BOPP 0.4900

Cal Bank Limited CAL 0.4206 +0.0001

CFAO Ghana Limited CFAO 0.0350 Clydestone Ghana Ltd CLYD 0.0800 Camelot Ghana Limited CMLT 0.1700 Cocoa Processing Company Ltd CPC 0.0530

Ecobank Ghana Ltd EBG 1.6825 +0.0004

Enterprise Insurance Co. Ltd EIC 1.2025 Ecobank Transnational Inc. ETI 1.2815 Fan Milk Limited FML 2.3752

Ghana Commercial Bank Ltd GCB 0.9712 +0.0002

Guinness Ghana Breweries Ltd GGBL 1.2156 +0.0001

Ghana Oil Company GOIL 0.2611 +0.0011

Golden Web Ltd GWEB 0.0550

HFC Bank Ltd HFC 0.5398 -0.0399

Mechanical Llyod Co. Ltd MLC 0.2100 Pioneer Kitchenware Ltd PKL 0.0800 Produce Buying Company PBC 0.2400 PZ Cussons Ghana Ltd PZ 0.8312 Standard Chartered Bank Gh.Ltd SCB 24.1256 Starwin Products Limited SPL 0.0550 Super Paper Products Co. Ltd SPPC 0.0330

SG-SSB Limited SG-SSB 1.2201 +0.0001

Sam Woode Limited SWL 0.0265 Trust Bank Ltd (Gambia) TBL 1.3250

TOTAL Petroleum Ghana Ltd TOTAL 5.4906 +0.0001

Transaction Solutions Gh.Ltd TRANSOL 0.1200 Unilever Ghana Ltd UNIL 2.1005 +0.0001 AngloGold Ashanti Depository Shares AADS 0.3450