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Business News of Monday, 27 September 2010

Source: GNA

Accra bourse opens week with loss

Accra, Sept. 27, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, dropped 16.91 points to close at 6,651.81 points, up from 6,668.72 points during Monday's trading on the Accra bourse.

The Change Year to Date now stands at 19.37 per cent. Traded volume closed the session at 131,646 shares valued at GH¢115,852.00, while shares of 16 equities were sold. On the broader market, there were eight price changes, five negatives and three positives.

Ghana Oil Company Limited (GOIL) and SG-SSB Limited (SG-SSB) lost GH¢0.02 each to close at GH¢0.25 and GH¢0.63 respectively while Ecobank Ghana Limited (EBG); Fan Milk Limited (FML) and UT Bank Limited (UTB) lost GH¢0.01 each to close at GH¢2.96; GH¢8.60 and GH¢0.25 in that order.

Golden Star Resources Limited (GSR) led the gainers with a share price increase of GH¢0.31 to close at GH¢4.81; Total Petroleum Ghana Limited (TOTAL) went up GH¢0.06 to close at GH¢9.06 and SIC Insurance Company Limited (SIC) appreciated by GH¢0.01 to close at GH¢0.38.

Market Capitalization closed the session at GH¢18,815.67 million from GH¢18,750.09 million.

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

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.12 African Champion Industries Ltd ACI 0.08 Anglo Gold Ashanti AGA 34.00 Aluworks Limited ALW 0.29 Ayrton Drug Man. Ltd. AYRTN 0.16 Benso Oil Palm Plantation BOPP 0.78 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 2.96 -0.01

Enterprise Insurance Co. Ltd EIC 1.61 Ecobank Transnational Inc. ETI 0.14 Fan Milk Limited FML 8.60 -0.01 Ghana Commercial Bank Ltd GCB 1.87 Guinness Ghana Breweries Ltd GGBL 1.52 Ghana Oil Company GOIL 0.25 -0.02 Golden Star Resources GSR 4.81 +0.31 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.50 Mechanical Lloyd Co. Ltd MLC 0.14 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.15 PZ Cussons Ghana Ltd PZC 1.11 Standard Chart Bank Gh. Ltd SCB 44.00 SIC Insurance Company Limited SIC 0.38 +0.01 Starwin Products Limited SPL 0.05 SG-SSB Limited SG-SSB 0.63 -0.02 Sam Woode Limited SWL 0.02 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 9.06 +0.06

Transaction Solutions Gh. Ltd TRANSOL 0.07 Unilever Ghana Ltd UNIL 5.05 UT Bank Limited UTB 0.25 -0.01 AngloGold Ashanti Depository Shares AADS 0.46 Standard Chartered Bank Preference Shares SCB PREF 0.52