Business News of Monday, 30 July 2007

Source: GNA

HFC recovery pushes up GSE index

Accra, July 30, GNA - The recovery of HFC Bank in trading on Monday pushed up the main gauge of Ghana Stock Exchange to begin the week in positive territory.

The Index gained 8.35 points after HFC regained the GH=A2 0.0450 it lost on Friday. It ended trading at 5,363.74 points from 5,355.39 points while change for the year was also higher at 7.15 per cent. Total shares that changed hands went up slightly at 344,200 from 329,800 on Friday.

There were five price changes, all positive.

Enterprise Insurance Company was GH=A2 0.0200 better at GH=A2 1.0800, Fan Milk Limited rose by GH=A2 0.0010 at GH=A2 1.9660, Ghana Commercial Bank gained GH=A2 0.0003 at GH=A2 0.6865, HFC Bank gained GH=A2 0.0450 at GH=A2 0.5400 and SG-SSB gained GH=A2 0.0009 at GH=A2 0.9010.

Market capitalization was GH=A2 11,517.63 million from GH=A211,512.22 on Friday.

The following are the prices of equities in cedis:

Equities Full Name Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.1150

Anglo Gold Ashanti AGA 30.000

Aluworks Limited ALW 0.7400

Ayrton Drug manufacturing Ltd AYRTN 0.0976

British American Tobacco Ltd BAT 0.4266

Benso Oil Palm Plantation BOPP 0.5000

Cal Bank Limited CAL 0.3203

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 1.4815

Enterprise Insurance Co. Ltd EIC 1.0800 +0.0200

Ecobank Transnational Inc. ETI 1.1650

Fan Milk Limited FML 1.9660 +0.0010

Ghana Commercial Bank Ltd GCB 0.6865 +0.0003

Guinness Ghana Breweries Ltd GGBL 0.9601

Golden Web Ltd GWEB 0.0550

HFC Bank Ltd HFC 0.5400 +0.0450

Mechanical Llyod Co. Ltd MLC 0.2100

Pioneer Kitchenware Ltd PKL 0.0800

Produce Buying Company PBC 0.2600

PZ Cussons Ghana Ltd PZ 0.7205

Standard Chartered Bank Gh. Ltd SCB 18.0800

Starwin Products Limited SPL 0.0550

Super Paper Products Co. Ltd SPPC 0.0203

SG-SSB Limited SG-SSB 0.9010 +0.0009

Sam Woode Limited SWL 0.0265

Trust Bank Ltd (Gambia) TBL 1.3250

TOTAL Petroleum Ghana Ltd TOTAL 5.4460

Transaction Solutions (Ghana) Ltd TRANSOL 0.1200

Unilever Ghana Ltd UNIL 1.9026

AngloGold Ashanti Depository Shares AADS 0.3430 30 July 07