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Business News of Thursday, 3 March 2011

Source: GNA

Accra Bourse Index slips yet again

Accra, March 3, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, fell 1.49 points to close 1,040.51 points from 1,042.00 points. The year-to-date now stands at 4.05 per cent. The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, was also down 4.88 points to 1,016.99 points from 1,021.87 points at the previous session, with a year-to-date change of 1.70 per cent. There were six price changes-three up and three down. Unilever was up GH¢0.04 to GH¢6.05, SG-SSB Limited GH¢0.02 to GH¢0.76 and Produce B= uying Company up GH¢0.02 to GH¢0.20. Decliners were Ghana Oil Company Limited down GH¢0.01 to GH¢0.30, Ghana Commercial Bank shed GH¢0.09 to GH¢2.30 and Camelot fell GH¢0.02 to G= H¢0.14. Market Capitalization closed the session marginally lower at GH¢19,938.53 million. Total shares traded are 500,994 shares, valued at GH¢548,543.72.