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Business News of Friday, 10 December 2010

Source: GNA

Accra bourse closes week strong

Accra, Dec. 10, GNA - The GSE All-Share Index, on Friday continued i= ts impressive gains to close the week's trading up at 101.84 points, pushing=

the Index from 7,136.19 points on Thursday to 7,238.03 points. Characterised by five bulls and two bears in 13 equities, the rise i= n the Index now brings the gains so far this year to 29.89 per cent. The five price gainers were Total Petroleum Ghana, which was up by GH¢0.06 to close at GH¢9.51; Benso Oil Palm Plantation gained GH¢0.= 02 at GH¢0.72; Aluworks Limited rose GH¢0.01 at GH¢0.17, Ecobank Transnat= ional Incorporation also went up at GH¢0.01 at GH¢0.15 and State Insurance Company which also made GH¢0.01 to close at GH¢0.43.

The two losers were Ghana Commercial Bank, which fell GH¢0.04 to c= lose at GH¢2.69 with Cal Bank Limited dropping GH¢0.01 at GH¢0.29. UT Bank Limited sold the highest number shares during the session, accounting for GH¢8,604 shares worth. A total of 129,935 shares were traded worth about GH¢50,111.72. Market Capitalisation closed the session at GH¢20,192.88 million compared to GH¢20,102.38 million at the previous close.

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

Company Share Code Closing Prices Change

Accra Brewery Ltd ABL 0.11 African Champion Industries Ltd ACI 0.08 Anglo Gold Ashanti AGA 34.00 Aluworks Limited ALW 0.17 +0.01 Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.72 +0.02 Cal Bank Limited CAL 0.29 -0.01 CFAO Ghana Limited CFAO 0.02 Clydestone Ghana Ltd CLYD 0.07 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.02 Ecobank Ghana Ltd EBG 3.00 Enterprise Insurance Co. Ltd EGL 0.57 Ecobank Transnational Inc. ETI 0.15 +0.01 Fan Milk Limited FML 10.57 Ghana Commercial Bank Ltd GCB 2.69 -0.04 Guinness Ghana Breweries Ltd GGBL 1.56 Ghana Oil Company GOIL 0.24

Golden Star Resources GSR 5.90 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.45 Mechanical Lloyd Co. Ltd MLC 0.12 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.14 PZ Cussons Ghana Ltd PZC 1.16 Standard Chart Bank Gh. Ltd SCB 45.40 SIC Insurance Company Limited SIC 0.43 +0.01 Starwin Products Limited SPL 0.05 SG-SSB Limited SG-SSB 0.59

Sam Woode Limited SWL 0.02 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 9.51 +0.06 Transaction Solutions Gh. Ltd TRANSOL 0.07 Unilever Ghana Ltd UNIL 5.70 UT Bank Limited UTB 0.28 AngloGold Ashanti Depository Shares AADS 0.60 Standard Chartered Bank Preference Shares SCB PREF 0.52