Business News of Wednesday, 13 October 2010

Source: GNA

Accra bourse index dips on financial stocks

Accra, Oct. 13, GNA - The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange, on Wednesday dipped 9.17 points to 6,862.74 points, down 6,871.91 points. The year to date gain now stands at 23.16 per cent. There were four price changes - three laggards and a gainer.

Ghana Commercial Bank (GCB) fell GH¢0.01 to GH¢1.90 on 3,900 shares traded, Ecobank Ghana Limited (EBG) was down GH¢0.01 to GH¢3.05 on 8,500 shares traded and CAL Bank Limited (CAL) dropped GH¢0.01 to GH¢0.28 on 396,900 shares traded. Enterprise Insurance Company (EIC) rose by GH¢0.01 to GH¢1.66 on 609,700 shares.

A total of 1,029,500 shares worth GH¢1.16 million exchanged hands compared to 125,820 shares valued at GH¢90,312.44 on Tuesday. Market capitalisation closed the session up at GH¢19,879.15 million from GH¢19,886.23 million on Tuesday.