Business News of Wednesday, 8 December 2010

Source: GNA

Accra bourse index continues gains

Accra, Dec. 8, GNA - The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange, gained for the second straight session on Wednesday, going up by 40.12 points to 7,122.96 points from 7,082.84 points. The rise brings the gains so far this year to 27.83 per cent. There were five price changes during the session - three price appreciations and two losers.

Gainers were Ghana Commercial Bank (GCB), which was up by GH¢0.10 to GH¢2.70; Fan Milk Limited (FML), which gained GH¢0.02 to GH¢10.57 a= nd Standard Chartered Bank (SCB), which rose by GH¢0.37 at GH¢45.50. On the flip side, Aluworks Limited (ALW) fell by GH¢0.01 to GH¢0= ..16 and Ghana Oil Company Limited (GOIL), dropped by GH¢0.01 to GH¢0.24. Ghana Commercial Bank was the most active stock during the session, accounting for more than two million shares. A total of 2.12 million shares were traded worth GH¢5.76 million. Market Capitalisation closed the session at GH¢20,092.16 million compared GH¢20,061.16 million at the previous close.

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

Company Share Code Closing Prices Change

Accra Brewery Ltd ABL 0.11 African Champion Industries Ltd ACI 0.08 Anglo Gold Ashanti AGA 34.00 Aluworks Limited ALW 0.16 -0.01 Ayrton Drug Man. Ltd. AYRTN 0.16 Benso Oil Palm Plantation BOPP 0.65 Cal Bank Limited CAL 0.29

CFAO Ghana Limited CFAO 0.02 Clydestone Ghana Ltd CLYD 0.07 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.02 Ecobank Ghana Ltd EBG 3.00 Enterprise Insurance Co. Ltd EGL 0.57 Ecobank Transnational Inc. ETI 0.14 Fan Milk Limited FML 10.57 +0.02 Ghana Commercial Bank Ltd GCB 2.70 +0.10 Guinness Ghana Breweries Ltd GGBL 1.56 Ghana Oil Company GOIL 0.24 -0.01 Golden Star Resources GSR 5.90 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.45

Mechanical Lloyd Co. Ltd MLC 0.12 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.14 PZ Cussons Ghana Ltd PZC 1.16 Standard Chart Bank Gh. Ltd SCB 45.50 +0.37 SIC Insurance Company Limited SIC 0.42 Starwin Products Limited SPL 0.05 SG-SSB Limited SG-SSB 0.59 Sam Woode Limited SWL 0.02 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 9.45 Transaction Solutions Gh. Ltd TRANSOL 0.07 Unilever Ghana Ltd UNIL 5.70 UT Bank Limited UTB 0.28 AngloGold Ashanti Depository Shares AADS 0.60 Standard Chartered Bank Preference Shares SCB PREF 0.52 8 Dec. 10