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Business News of Monday, 6 September 2010

Source: GNA

Accra bourse opens week on bright note

Accra, Sept. 6, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, went up by 69.36 points from 6,665.36 points to 6,734.72 points during Monday's trading. Change for the year to date is 20.86 per cent. Traded volumes closed the session at 159,560 shares valued at GH¢74,936.93.

Of the 13 equities that sold shares, UT Bank Limited (UTB) led the pack with 66,000 shares valued at GH¢17,160.00 followed by CFAO Ghana Limited (CFAO), which sold 40,000 shares valued at GH¢1,200.00. On the broader market, there were seven price changes, four negatives and three positives.

Ecobank Ghana Limited (EBG) lost GH¢0.11 to close at GH¢2.99; Fan Milk Limited (FML) lost GH¢0.10 to close at GH¢8.50; SG-SSB Limited lost GH¢0.02 to close at GH¢0.69 and UTB depreciated by GH¢0.01 to close at GH¢0.26.

Standard Chartered Bank Ghana Limited (SCB) led the gainers with a share price increase of GH¢0.03 to close at GH¢43.15 while Accra Brewery Company Limited (ABL) and Ecobank Transnational Incorporated (ETI) appreciated by GH¢0.01 each to close at GH¢0.12 and GH¢0.15 respectively.

Market Capitalisation closed the session at GH¢18,588.60 million from GH¢18,523.37 million.