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Business News of Thursday, 20 January 2011

Source: GNA

Accra bourse Index sustains gains

Accra, Jan. 20, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 2.92 points to close at 1,007.72 points from 1,004.80 points.

The year-to-date now stands at 0.77 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also gained 3.05 points to 999.67 points from 996.62 points with a year-to-date change of -0.03 per cent. There were eight price appreciations and no decliners.

State Insurance Company (SIC) went up by GH¢0.01 to close at GH¢0.= 49, Benso Oil Palm Plantation (BOPP) gained GH¢0.02 at GH¢0.80, Fan Milk Gh= ana Limited advanced GH¢0.02 to close at GH¢2.40 and Cal Bank Limited was u= p GH¢0.01 at GH¢0.39.

Other gainers were Standard Chartered Bank (SCB) up GH¢0.07 to GH¢45.25, Unilever Ghana (UNIL) gained GH¢0.01 at GH¢5.74, Ghana Comm= ercial Bank (GCB) appreciated GH¢0.01 at GH¢2.71 and Ecobank Ghana was up GH= ¢0.01 at GH¢3.02.

Market Capitalization closed the session at GH¢20,080.95 million fro= m GH¢20,066.54 million at the previous close. Total shares traded were 2.2 million shares worth 684,393.69 cedis.