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Business News of Friday, 9 July 2010

Source: GNA

GSE All-Share Index resurges during Friday trading

Accra, July 9, GNA - The was a remarkable resurgence during Friday trading on the Accra Bourse that saw the GSE All-Share Index, the main market indicator, gaining 76.94 points to close at 6,522.01 points from Thursday's tumble to 6,445.07 points.

The change year to date also jumped to 17.04 points from 15.66 points during the previous trading.

Total shares traded was 185,978 valued at GH¢122,783.37. Ecobank Transnational Incorporated (ETI) led the pack with 56,600 traded shares valued at GH¢7,972.00, while Ghana Commercial Bank (GCB) followed with 49,100 shares valued at GH¢75,298.00; SIC Insurance Company (SIC) had 27,700 of its shares valued at GH¢9,141.00 sold with Ghana Oil Company Limited following with 26,700 shares valued at GH¢6,169.00.

On the broader market, there were five gainers and three losers. Standard Chartered Bank (SCB) gained GH¢2.35 to close at GH¢42.90; Total Petroleum Ghana Limited (TOTAL) appreciated by GH¢0.87 to close at GH¢8.25; Golden Star Resources Limited (GSR) went up GH¢0.14 to close at GH¢2.84; while GCB gained GH¢0.01 to close at GH¢1.53 with SG-SSB Limited (SG-SSB) also appreciating by GH¢0.01 to close at GH¢0.55.

Three equities that lost GH¢0.01 each were Benso Oil Palm Plantations (BOPP) to close trading GH¢0.74; Ghana Oil Company Limited (GOIL) to close at GH¢0.23 with SIC closing at GH¢0.33.

There are 17.48 million issued shares and Market Capitalization of GH¢18,221.97 million.

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

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.09

African Champion Industries Ltd ACI 0.09

Anglo Gold Ashanti AGA 34.00

Aluworks Limited ALW 0.34

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.74 -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 3.30

Enterprise Insurance Co. Ltd EIC 1.60

Ecobank Transnational Inc. ETI 0.15

Fan Milk Limited FML 7.76

Ghana Commercial Bank Ltd GCB 1.53 +0.01

Guinness Ghana Breweries Ltd GGBL 1.56

Ghana Oil Company GOIL 0.23 -0.01

Golden Star Resources GSR 2.84 +0.14

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.57

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 42.90 +2.35

SIC Insurance Company Limited SIC 0.33 -0.01

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.55 +0.01

Sam Woode Limited SWL 0.02

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 8.25 +0.87

Transaction Solutions Gh. Ltd TRANSOL 0.07

Unilever Ghana Ltd UNIL 3.65

UT Bank Limited UTB 0.29

AngloGold Ashanti Depository Shares AADS 0.37

Standard Chartered Preference Shares 0.52