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Business News of Friday, 6 August 2010

Source: GNA

GSE All-Share Index recovers slightly

Accra, Aug. 6, GNA - The Ghana Stock Exchange (GSE) All-Share Index slightly recovered on Friday when it inched up 10.77 points to close at 6,254.03 points from 6,243.26 points the previous session.

The Index began the week on Monday at 6.290.73 points, but was unable to recover fully due to losses by listed equities.

The Change Year to Date was 12.23.

Traded volume was 142,902 shares valued at GH¢94,688.00. Shares of 15 equities changed hands with Ecobank Transnational Incorporated (ETI) leading the pack with 68,300 shares valued at GH¢8,879.00.

On the broader market, there were three price changes, all of which were positives. Fan Milk Limited (FML), the highest gainer went up GH¢0.05 to close at GH¢7.85, Unilever Ghana Limited (UNIL) gained GH¢0.04 to close at GH¢3.65 while Produce Buying Company Limited (PBC) appreciated by GH¢0.01 at GH¢0.17.

Market Capitalisation was 18,113.33 million on Friday from 18,105.05 million on Thursday 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 0.33

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.74

Cal Bank Limited CAL 0.29

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 2.87

Enterprise Insurance Co. Ltd EIC 1.28

Ecobank Transnational Inc. ETI 0.13

Fan Milk Limited FML 7.85 +0.05

Ghana Commercial Bank Ltd GCB 1.70

Guinness Ghana Breweries Ltd GGBL 1.56

Ghana Oil Company GOIL 0.25

Golden Star Resources GSR 3.30

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.54

Mechanical Lloyd Co. Ltd MLC 0.17

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.17 +0.01

PZ Cussons Ghana Ltd PZC 1.10

Standard Chart Bank Gh. Ltd SCB 43.00

SIC Insurance Company Limited SIC 0.40

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.57

Sam Woode Limited SWL 0.02

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 8.30

Transaction Solutions Gh. Ltd TRANSOL 0.07

Unilever Ghana Ltd UNIL 3.65 +0.04

UT Bank Limited UTB 0.25

AngloGold Ashanti Depository Shares AADS 0.36

Standard Chartered Bank Preference Shares SCB PREF 0.52