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Business News of Monday, 31 January 2011

Source: GNA

Accra bourse Index jumps up again

Accra, Jan. 31, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 4.16 points to close at 1,057.14 points from 1,052.98 points on Monday. The year-to-date now stands at 5.71 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also rose by 6.35 points to 1,056.30 points fro= m 1,049.95 points with a year-to-date change of 5.63 per cent. There were nine price changes, five up and four down. Aluworks was up GH¢0.01 at GH¢0.19; Ecobank Ghana was GH¢0.02 better at GH¢3.52; Fa= n Milk Limited gained GH¢0.03 at GH¢2.49; SG-SSB made GH¢0.07 at GH¢0.76 a= nd Unilever gained GH¢0.01 at GH¢5.86.

On the flip side UT Bank shed GH¢0.01 at GH¢0.27, Produce Buying Company (PBC) fell GH¢0.01 at GH¢0.16, Ghana Oil Company Limited slippe= d GH¢0.01 to GH¢0.31 and Ghana Commercial Bank lost GH¢0.01 to GH¢2.6= 9. Market Capitalization closed the session at GH¢20,386.02 with 237,66= 3 shares valued at GH¢145,703.68 changing hands.

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

Company Share Code Closing Prices Change

Accra Brewery Ltd ABL 0.10

African Champion Industries Ltd ACI 0.08 Anglo Gold Ashanti AGA 34.00 Aluworks Limited ALW 0.19 +0.01 Ayrton Drug Man. Ltd AYRTN 0.16 Benso Oil Palm Plantation BOPP 0.80 CAL Bank Limited CAL 0.39 CFAO Ghana Limited CFAO 0.03 Clydestone Ghana Ltd CLYD 0.07

Camelot Ghana Limited CMLT 0.16 Cocoa Processing Co. Ltd CPC 0.03

Ecobank Ghana Ltd EBG 3.52 +0.02

Enterprise Group Ltd EGL 0.50 Ecobank Transnational Inc. ETI 0.15

Fan Milk Limited FML 2.49 +0.03

Ghana Commercial Bank Ltd GCB 2.69 -0.01

Guinness Ghana Breweries Ltd GGBL 1.58

Ghana Oil Company GOIL 0.31 -0.01 Golden Star Resources GSR 5.20 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.42 Mechanical Lloyd Co. Ltd MLC 0.10 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.16 -0.01 PZ Cussons Ghana Ltd PZC 1.20 Standard Chart Bank Gh. Ltd SCB 45.36

State Insurance Company Limited SIC 0.50

Starwin Products Limited SPL 0.03

SG-SSB Limited SG-SSB 0.76 +0.07

Sam Woode Limited SWL 0.02

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 12.03

Transaction Solutions Gh. Ltd TRANSOL 0.07

Unilever Ghana Ltd UNIL 5.86 +0.01

UT Bank Limited UTB 0.27 -0.01

AngloGold Ash. Depository Shares AADS 0.55

StanChart Bank Preference Shares SCB PREF 0.52