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Business News of Thursday, 16 September 2010

Source: GNA

Accra bourse bounces back

Accra, Sept. 16, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, bounced back during Thursday's trading on the Accra bourse, gaining 100.64 points, to close at 6,780.82 points up from 6,680.18 points.

The Change Year to date now stands at 21.69 per cent from 19.88 per cent recorded during previous trading sessions. On the broader market, there were three price changes, two positives and a negative.

Total Petroleum Ghana Limited (TOTAL) led the gainers with a share price increase of GHc0.12 to close at GHc8.83 and Ecobank Transnational Incorporated (ETI) went up by GHc0.01 to close at GHc0.15. Ecobank Ghana Limited (EBG) lost GHc0.05 to close at GHc2.95. Traded volume closed the session at 372,685 shares valued at GHc1,313,796.05.

TOTAL led the pack with 135,800 of its shares valued at GHc1,199,114.00 followed by CFAO Ghana Limited (CFAO), which had 99,900 of its shares valued at GHc2,997.00 sold. Shares of 16 other equities were sold. Market Capitalisation closed the session at GHc18,625.12 million from GH¢18,535.80 million issued shares.