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Business News of Wednesday, 28 July 2010

Source: GNA

Accra bourse makes third successive gain

Accra, July 28, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, went up by 20.31 points from 6,366.21 points to 6,386.52 points during Wednesday's trading on the Accra bourse. The rise was the third in succession.

The Change Year to Date was 14.61 points.

Traded volume was 713,877 shares valued at GH¢601,397.96. Of the 13 equities that sold shares, SIC Insurance Company Limited (SIC) led the pack with 586,700 shares valued at GH¢246,114.00.

On the broader market, there were eight price changes, five positives and three negatives.

Fan Milk Ghana Limited (FML) led the gainers with a share price increase of GH¢0.12 to close trading at GH¢7.50; Ghana Commercial Bank Limited (GCB) went up by GH¢0.07 to close at Gh¢1.55; Unilever Ghana Limited (UNIL) appreciated by GH¢0.04 to close at GH¢3.60; Standard Chartered Bank Ghana Limited (SCB) also gained GH¢0.02 to end trading at GH¢42.75 while CAL Bank Limited (CAL) went up by GH¢0.01 to close trading at GH¢0.26.

Enterprise Insurance Company Limited (EIC) lost GH¢0.10 to close trading at GH¢1.20 while UT Bank Limited (UTB) lost GH¢0.02 to close at GH¢0.23 and SIC depreciated by GH¢0.01 to close trading at GH¢0.41.

Market Capitalisation was GH¢18,289.69 million from 17.48 million issued shares.

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

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.08

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 0.26 +0.01

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 2.97

Enterprise Insurance Co. Ltd EIC 1.20 -0.10

Ecobank Transnational Inc. ETI 0.15

Fan Milk Limited FML 7.50 +0.12

Ghana Commercial Bank Ltd GCB 1.55 +0.07

Guinness Ghana Breweries Ltd GGBL 1.58

Ghana Oil Company GOIL 0.23

Golden Star Resources GSR 3.50

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.56

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 42.75 +0.02

SIC Insurance Company Limited SIC 0.41 -0.01

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.55

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 3.60 +0.04

UT Bank Limited UTB 0.23 -0.02

AngloGold Ashanti Depository Shares AADS 0.36

Standard Chartered Bank Preference Shares SCB PREF 0.52