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Business News of Monday, 20 September 2010

Source: GNA

Accra bourse opens week on positive note

Accra, Sept. 20, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, went up 16.81 points to close at 6,810.67 points, up from 6,793.86 points, during Monday's trading. The Change Year to date is 22.22 per cent.

On the broader market, there were five price changes, three positives and two negatives.

Standard Chartered Bank Ghana Limited (SCB) led the gainers with a share price increase of GH¢0.78 to close at GH¢44.00; Total Petroleum Ghana Limited (TOTAL) was up GH¢0.17 to close at GH¢9.00 and Ghana Commercial Bank Limited (GCB) appreciated by GHc0.01 to close at GH¢1.87.

Ecobank Ghana Limited (EBG) and Produce Buying Company Limited (PBC) lost GHc0.01 each to close at GH¢2.97 and GH¢0.16 respectively.

Traded volume closed the session at 147,723 shares valued at GH¢407,960.43.

Of the 14 equities that sold shares, SIC Insurance Company Limited (SIC) led the pack with 73,600 of its shares valued at GH¢27,968.00. Market Capitalisation closed the session at GH¢18,693.74 million from GH¢18,680.80 million.

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

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.12 African Champion Industries Ltd ACI 0.08 Anglo Gold Ashanti AGA 34.00 Aluworks Limited ALW 0.29 Ayrton Drug Man. Ltd. AYRTN 0.16 Benso Oil Palm Plantation BOPP 0.76 Cal Bank Limited CAL 0.30 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 2.97 -0.01

Enterprise Insurance Co. Ltd EIC 1.65 Ecobank Transnational Inc. ETI 0.15 Fan Milk Limited FML 8.60 Ghana Commercial Bank Ltd GCB 1.87 +0.01 Guinness Ghana Breweries Ltd GGBL 1.56 Ghana Oil Company GOIL 0.27 Golden Star Resources GSR 3.80 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.50 Mechanical Lloyd Co. Ltd MLC 0.15 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.16 -0.01

PZ Cussons Ghana Ltd PZC 1.11 Standard Chart Bank Gh. Ltd SCB 44.00 +0.78 SIC Insurance Company Limited SIC 0.38 Starwin Products Limited SPL 0.05 SG-SSB Limited SG-SSB 0.69 Sam Woode Limited SWL 0.02 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 9.00 +0.17

Transaction Solutions Gh. Ltd TRANSOL 0.07 Unilever Ghana Ltd UNIL 5.01 UT Bank Limited UTB 0.26 AngloGold Ashanti Depository Shares AADS 0.42 Standard Chartered Bank Preference Shares SCB PREF 0.52