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Business News of Wednesday, 2 June 2010

Source: GNA

Accra bourse index falls on GCB, ETI and others

Accra, June 2, GNA - The GSE All-Share Index closed Wednesday's sessi on lower by 92.03 points to 7,093.02 points. Traded volumes closed the session over 1.8 million shares valued at GH¢1.02 million. On the broader market, there were twelve price changes eight up and f our down.

CAL Bank (CAL) was up GH¢0.02 at GH¢0.28, Enterprise Insurance Co mpany up (EIC) GH¢0.06 at GH¢1.52 and Fan Milk Ghana Limited (FML) gained G H¢0.09 at GH¢7.78. Other advancers were Ghana Oil Company Limited (GOIL) up GH¢0.03 at

GH¢0.34, Standard Chartered Bank (SCB) added GH¢0.14 at GH¢41.65 an d State Insurance Company (SIC) up GH¢0.01 at GH¢0.34, Unilever Ghana Limited

(UNIL), was up GH¢0.01 at GH¢3.87 and UT Financial Services (UTF) up GH¢0.04 at GH¢0.36.

Ecobank Ghana Limited (EBG) fell GH¢0.01 at GH¢3.33, Ecobank Transnational Incorporated (ETI) dropped GH¢0.01 at GH¢0.18, Ghana Commercial Bank (GCB) declined GH¢0.02 at GH¢1.80 and SG-SSB Limited was down at GH¢0.01 at GH¢3.87. Market Capitalization closed the session down at GH¢18,600.70 millio n.

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

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.10

African Champion Industries Ltd ACI 0.09

Anglo Gold Ashanti AGA 34.00

Aluworks Limited ALW 0.40 Ayrton Drug Man. Ltd. AYRTN 0.16 Benso Oil Palm Plantation BOPP 0.80 Cal Bank Limited CAL 0.28 +0.02 CFAO Ghana Limited CFAO 0.03 Clydestone Ghana Ltd CLYD 0.07 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.03 Ecobank Ghana Ltd EBG 3.33 -0.01

Enterprise Insurance Co. Ltd EIC 1.52 +0.06

Ecobank Transnational Inc. ETI 0.18 -0.01

Fan Milk Limited FML 7.78 +0.09

Ghana Commercial Bank Ltd GCB 1.80 -0.02

Guinness Ghana Breweries Ltd GGBL 1.65

Ghana Oil Company GOIL 0.34 +0.03

Golden Star Resources GSR 2.70 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.55 Mechanical Lloyd Co. Ltd MLC 0.17 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.15 PZ Cussons Ghana Ltd PZC 1.10

StandardChart Bank Gh. Ltd SCB 41.65 +0.14

SIC Insurance Company Limited SIC 0.34 +0.01 Starwin Products Limited SPL 0.05 SG-SSB Limited SG-SSB 0.67 -0.01 Sam Woode Limited SWL 0.03 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 7.27 Transaction Solutions Gh. Ltd TRANSOL 0.09 Unilever Ghana Ltd UNIL 3.87 +0.01 UT Financial Services UTF 0.36 +0.04 AngloGold Ashanti Depository Shares AADS 0.33 2 June 10