Business News of Tuesday, 12 October 2010
Accra, Oct. 12, GNA - The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange, rose for the second straight session on Tuesday gaining 40.13 points to close at 6,871.91 points from 6,831.78 points.
The year to date gain now stands at 23.32 per cent. Five equities recorded price appreciations while two were on the losing side.
Ghana Commercial Bank (GCB) gained GH¢0.01 to GH¢1.91 on 16,600 shares traded, Ecobank Ghana Limited (EBG) was up GH¢0.06 to GH¢3.06 on 3,300 shares traded and Ghana Oil Company Limited (GOIL) rose GH¢0.01 to GH¢0.26 on 2,800 shares traded. Golden Star Resources (GSR) was up by GH¢0.02 to GH¢5.82 on 100 shares traded and SG-SSB Limited (SG-SSB) advanced GH¢0.05 to GH¢0.70 on 27,700 shares traded.
On the flip side, Enterprise Insurance Company (EIC) dipped GH¢0.05 to GH¢1.65 and UT Bank Limited (UTB) eased GH¢0.01 to GH¢0.25. A total of 125,820 shares worth GH¢90,312.44 exchanged hands compared to 142,111 shares valued at GH¢209,961 on Monday. Market Capitalisation closed the session up at GH¢19,886.23 from GH¢19,232.25 million at the previous close.