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Business News of Wednesday, 2 February 2011

Source: GNA

Accra bourse Index makes slight recovery

Accra, Feb. 2, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, made a slight recovery on Wednesday, inching up 1.59 points to close at 1,051.25 points from 1,049.66 points. The year-to-date now stands at 5.12 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also rose 1.79 points to 1,044.75 points from 1,042.96 points with a year-to-date change of 4.47 per cent. There were five price changes, three gainers and two decliners. Standard Chartered Bank gained GH¢0.74 to GH¢46.50, Benso Oil Palm Plantation was better GH¢0.01 at GH¢0.81 and Fan Milk Limited added GH= ¢0.01 at GH¢2.51.

Laggards for the session were SG-SSB Bank down GH¢0.02 at GH¢0.72 and Enterprise Group Limited fell GH¢0.01 to GH¢0.49. Market Capitalization closed the session marginally higher at GH¢20,295.61 million from GH¢20,287.79 million at the previous close. A total of 645,134 shares were traded, valued at 344,537.60 cedis compared to more than 2.2 million shares worth GH¢342,657.36 cedis on Tuesday.

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

Company Share Code Closing Prices Change

Accra Brewery Ltd ABL 0.10 African Champion Industries Ltd ACI 0.08 Anglo Gold Ashanti AGA 34.00 Aluworks Limited ALW 0.19 Ayrton Drug Man. Ltd AYRTN 0.16 Benso Oil Palm Plantation BOPP 0.81 +0.01 CAL Bank Limited CAL 0.39 CFAO Ghana Limited CFAO 0.03 Clydestone Ghana Ltd CLYD 0.07 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Co. Ltd CPC 0.02 Ecobank Ghana Ltd EBG 3.52 Enterprise Group Ltd EGL 0.49 -0.01 Ecobank Transnational Inc. ETI 0.14 Fan Milk Limited FML 2.51 +0.01 Ghana Commercial Bank Ltd GCB 2.68 Guinness Ghana Breweries Ltd GGBL 1.58 Ghana Oil Company GOIL 0.32 Golden Star Resources GSR 5.20 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.39 Mechanical Lloyd Co. Ltd MLC 0.10 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.18 PZ Cussons Ghana Ltd PZC 1.20 Standard Chart Bank Gh. Ltd SCB 46.50 +0.74 State Insurance Company Limited SIC 0.49 Starwin Products Limited SPL 0.03 SG-SSB Limited SG-SSB 0.72 -0.02 Sam Woode Limited SWL 0.02 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 12.61 Transaction Solutions Gh. Ltd TRANSOL 0.07 Unilever Ghana Ltd UNIL 5.86 UT Bank Limited UTB 0.27 AngloGold Ash. Depository Shares AADS 0.55 StanChart Bank Preference Shares SCB PREF 0.52 2 Feb. 11

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