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Business News of Monday, 19 July 2010

Source: GNA

Accra bourse opens week on downward trend

Accra, July 19, GNA - The GSE All-Share Index, the main market indicator, opened the week's trading on Monday by losing 2.44 points from 6,291.68 points down to close at 6,289.24 points.

The Change Year to Date also dropped by three points to 12.87 points on Monday as against 12.91 points recorded last Friday.

Traded volumes closed the session at 165,946 shares valued at GH¢68,761.89. State Insurance Company (SIC) led the pack, selling 67,600 shares valued at GH¢24,336.00, followed closely by Mechanical Llyod Company Limited (MLC), which traded 53,200 shares valued at GH¢8,499.00.

On the broader market there were three price changes, out of which two were positives and a negative. Golden Star Resources Limited (GSR) went up GH¢0.42 at GH¢3.30 while Benso Oil Palm Plantain (BOPP) gained GH¢0.01 at GH¢0.75.

UT Bank Limited (UTB) was the sole loser, going down marginally by GH¢0.01 to close at GH¢0.27.

Market Capitalisation was GH¢18,147.52 from 17.48 million issued shares.

The following are the closing prices of equities in Ghana Cedis:

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.08

African Champion Industries Ltd ACI 0.09

Anglo Gold Ashanti AGA 34.00

Aluworks Limited ALW 0.29

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.75 +0.01

Cal Bank Limited CAL 0.28

CFAO Ghana Limited CFAO 0.03

Clydestone Ghana Ltd CLYD 0.07

Camelot Ghana Limited CMLT 0.16

Cocoa Processing Com Ltd CPC 0.02

Ecobank Ghana Ltd EBG 2.99

Enterprise Insurance Co. Ltd EIC 1.36

Ecobank Transnational Inc. ETI 0.14

Fan Milk Limited FML 7.71

Ghana Commercial Bank Ltd GCB 1.52

Guinness Ghana Breweries Ltd GGBL 1.56

Ghana Oil Company GOIL 0.23

Golden Star Resources GSR 3.30 +0.42

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.55

Mechanical Lloyd Co. Ltd MLC 0.17

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.13

PZ Cussons Ghana Ltd PZC 1.10

Standard Chart Bank Gh. Ltd SCB 42.70

SIC Insurance Company Limited SIC 0.36

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.55

Sam Woode Limited SWL 0.02

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 8.25

Transaction Solutions Gh. Ltd TRANSOL 0.07

Unilever Ghana Ltd UNIL 3.70

UT Bank Limited UTB 0.27 -0.01

AngloGold Ashanti Depository Shares AADS 0.36

Standard Chartered Bank Preference Shares 0.52