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Business News of Monday, 2 February 2009

Source: GNA

Accra bourse Index drops as bearish sentiments persist

Accra, Jan. 26, GNA - The GSE All-Share Index, the main measure of performance of the Exchange, slumped in trading on Monday as bearish sentiments persisted on the bourse. The index ended trading at 10,183.40 points from 10,220.99 on Friday.

Traded volumes started the week at 608,200 shares while market capitalisation began at GH¢17,848.84 million. There were two price changes, one up and one down. CAL Bank lost GH¢0.15 at GH¢0.45 while Starwin Products Limited gained GH¢0.01 at GH¢0.05 The change year to date plunged to -2.38 per cent.

The following are the closing prices of equities in Ghana cedis

Equities Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.12

Anglo Gold Ashanti AGA 30.00

Aluworks Limited ALW 0.61

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.95

Cal Bank Limited CAL 0.45 -0.15

CFAO Ghana Limited CFAO 0.04

Clydestone Ghana Ltd CLYD 0.08

Camelot Ghana Limited CMLT 0.16

Cocoa Processing Com Ltd CPC 0.05

Ecobank Ghana Ltd EBG 4.19

Enterprise Insurance Co. Ltd EIC 3.00

Ecobank Transnational Inc. ETI 0.45

Fan Milk Limited FML 4.50

Ghana Commercial Bank Ltd GCB 0.98

Guinness Ghana Breweries Ltd GGBL 2.00

Ghana Oil Company GOIL 0.30

Golden Star Resources GSR 3.10

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.62

Mechanical Lloyd Co. Ltd MLC 0.21

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.21

PZ Cussons Ghana Ltd PZ 1.12

Standard Chart. Bank Gh.Ltd SCB 38.00

SIC Insurance Company Limited SIC 0.46

Starwin Products Limited SPL 0.05

Super Paper Products Co. Ltd SPPC 0.10

SG-SSB Limited SG-SSB 1.15

Sam Woode Limited SWL 0.03

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 7.60

Transaction Solutions Gh.Ltd TRANSOL 0.11

Unilever Ghana Ltd UNIL 4.00

UT Financial Services UT 0.30

AngloGold Ashanti Depository Shares AADS 0.35