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Business News of Friday, 16 July 2010

Source: GNA

Accra Bourse recovers substantially on Friday

Accra, July 16, GNA - The GSE All-Share Index saw a resurgence on Friday's trading climbing 118.58 points to close the week's session at 6,291.68 points from Thursday's 6,173.10 points.

The appreciation was the second after the index plummeted three consecutive times from the beginning of the week on Monday, though Thursday's gain was marginal.

There were eight price changes, out of which five were positive and three negative.

The five gainers; Golden Star Resources Limited (GSR) went up GH¢0.04 at GH¢2.88, Ghana Commercial Bank Limited (GCB) inched up GH¢0.02 at GH¢1.52, SG-SSB Limited (SG-SSB) rose GH¢0.02 at GH¢0.55, Ecobank Transnational Incorporated (ETI) climbed GH¢0.01 at GH¢0.14 and State Insurance Company (SIC) scaled up GH¢0.01 at GH¢0.36.

The three losers were Enterprise Insurance Company Limited (EIC) which slid by GH¢0.23 at GH¢1.36, Guinness Ghana Breweries Limited (GGBL) was down GH¢0.01 at GH¢1.56 and Accra Brewery Company Limited (ABL) dropped GH¢0.01 at GH¢0.08.

Traded volumes closed the session at 483,626 valued at GH¢207,244.29. Cal Bank Limited (CAL) led the pack selling 289,300 shares valued at GH¢83,882.00.

The Change Year to Date rose to 12.91 points as against 10.78 points on Thursday.

Market Capitalisation closed the session up for the week at GH¢18,042.92.

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

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.08 -0.01

African Champion Industries Ltd ACI 0.09

Anglo Gold Ashanti AGA 34.00

Aluworks Limited ALW 0.29

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.74

Cal Bank Limited CAL 0.28

CFAO Ghana Limited CFAO 0.03

Clydestone Ghana Ltd CLYD 0.07

Camelot Ghana Limited CMLT 0.16

Cocoa Processing Com Ltd CPC 0.02

Ecobank Ghana Ltd EBG 2.99

Enterprise Insurance Co. Ltd EIC 1.36 -0.23

Ecobank Transnational Inc. ETI 0.14 0.01

Fan Milk Limited FML 7.71

Ghana Commercial Bank Ltd GCB 1.52 0.02

Guinness Ghana Breweries Ltd GGBL 1.56 -0.01

Ghana Oil Company GOIL 0.23

Golden Star Resources GSR 2.88 0.04

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.55

Mechanical Lloyd Co. Ltd MLC 0.17

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.13

PZ Cussons Ghana Ltd PZC 1.10

Standard Chart Bank Gh. Ltd SCB 42.70

SIC Insurance Company Limited SIC 0.36 0.01

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.55 0.02

Sam Woode Limited SWL 0.02

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 8.25

Transaction Solutions Gh. Ltd TRANSOL 0.07

Unilever Ghana Ltd UNIL 3.70

UT Bank Limited UTB 0.28

AngloGold Ashanti Depository Shares AADS 0.36