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Business News of Wednesday, 4 August 2010

Source: GNA

Accra bourse recovers

Accra, Aug. 4, GNA - The Ghana Stock Exchange (GSE) All-Share Index recovered on Wednesday when it gained 14.27 points to close at 6,296.11 points up from 6,281.84 points during the previous trading.

The Change Year to Date also went up to 12.99.

Traded volume was 303,889 shares valued at GH¢165,347.16. Shares of 14 equities changed hands with State Insurance Company Limited (SIC) leading the pack with 151,200 of its shares valued at GH¢60,394.00 traded.

On the broader market, there were seven price changes, five positives and two negatives. Golden Star Resources (GSR) and Ghana Oil Company Limited (GOIL) lost GH¢0.10 and GH¢0.01 to close trading at GH¢3.30 and GH¢0.24, respectively.

Fan Milk Limited (FML) led the gainers when it shares went up by GH¢0.04 to close at GH¢7.65 while all the others gained GH¢0.01 each, with Cal Bank Limited (CAL) ending trading at GH¢0.28; Produce Buying Company Limited (PBC) at GH¢0.16; SIC Insurance Company Limited (SIC) at GH¢0.40; and SG-SSB Limited (SG-SSB) at GH¢0.56.

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 0.33

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.74

Cal Bank Limited CAL 0.28 +0.01

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 2.87

Enterprise Insurance Co. Ltd EIC 1.25

Ecobank Transnational Inc. ETI 0.14

Fan Milk Limited FML 7.65 +0.04

Ghana Commercial Bank Ltd GCB 1.57

Guinness Ghana Breweries Ltd GGBL 1.56

Ghana Oil Company GOIL 0.24 -0.01

Golden Star Resources GSR 3.30 -0.10

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.54

Mechanical Lloyd Co. Ltd MLC 0.17

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.16 +0.01

PZ Cussons Ghana Ltd PZC 1.10

Standard Chart Bank Gh. Ltd SCB 43.00

SIC Insurance Company Limited SIC 0.40 +0.01

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.56 +0.01

Sam Woode Limited SWL 0.02

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 8.30

Transaction Solutions Gh. Ltd TRANSOL 0.07

Unilever Ghana Ltd UNIL 3.60

UT Bank Limited UTB 0.25

AngloGold Ashanti Depository Shares AADS 0.36

Standard Chartered Bank Preference Shares SCB PREF 0.52