Business News of Friday, 8 June 2012

Source: GNA

Four stocks fall to drag GSE Index down

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, slipped 1.47 points to 1,018.84 points from 1,020.31 points on Friday with a year-to-date return of 5.14 per cent.

     The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also fell by 0.66 points to 878.72 points from 879.38 points with a year-to-date change of 1.81 per cent.

     There was a gainer and four losers during the session.

     Tullow Oil Plc gained GH¢0.03 to GH¢38.54.

     The losers are Ghana Oil Company down GH¢0.01 to GH¢0.48, Total Petroleum Ghana fell GH¢0.01 to GH¢19.47, CAL Bank shed GH¢0.01 to GH¢0.22 and Unilever Ghana dropped GH¢0.05 to GH¢8.30.

     Market Capitalization close the session at GH¢54,863.81 million from GH¢54,844.54  million.

     Shares traded are 230,545 valued at GH¢208,992.50.

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

     Company                                   Share Code     Closing Prices       Change   

     African Champion Industries Ltd   ACI              0.08

    Anglo Gold Ashanti                         AGA             34.00

    Aluworks Limited                           ALW               0.06          

    Ayrton Drug Man. Ltd.              AYRTN             0.17 

    Benso Oil Palm Plantation          BOPP              1.64  

   Cal Bank Limited                           CAL               0.22               -0.01

   Clydestone Ghana Ltd               CLYD              0.04

   Camelot Ghana Limited              CMLT              0.12

   Cocoa Processing Com Ltd           CPC               0.02              

    Ecobank Ghana Ltd                       EBG               3.01

    Enterprise Insurance Co. Ltd       EGL               0.28                

    Ecobank Transnational Inc.         ETI               0.13

    Fan Milk Limited                          FML               1.90

    Ghana Commercial Bank Ltd      GCB               1.92               

    Guinness Ghana Breweries Ltd      GGBL              1.97  

    Ghana Oil Company                      GOIL              0.48         -0.01

    Golden Star Resources                 GSR               2.75          

    Golden Web Ltd                           GWEB              0.04

    HFC Bank Ltd                                HFC               0.45   

    Mechanical Lloyd Co. Ltd             MLC               0.10   

    Pioneer Kitchenware Ltd               PKL               0.06

    Produce Buying Company             PBC              0.24                        

    PZ Cussons Ghana Ltd                   PZC               0.22

    Standard Chart Bank Gh. Ltd       SCB              47.00

    SIC Insurance Company Limited   SIC               0.35

    Starwin Products Limited             SPL               0.04

    SG-SSB Limited                           SG-SSB              0.36

    Sam Woode Limited                  SWL               0.02

    Trust Bank Ltd (Gambia)            TBL               0.40

    TOTAL Petroleum Ghana Ltd  TOTAL             19.47                -0.01

    Transaction Solutions Gh. Ltd     TRANSOL          0.05

    Tullow Oil Plc                         TLW              38.54             -0.03                 

    Unilever Ghana Ltd                 UNIL              8.30                 -0.05   

    UT Bank Limited                    UTB               0.32                                                                     

    AngloGold Ashanti Depository Shares AADS      0.52

 Standard Chartered Bank Preference Shares SCB PREF   0.52