Business News of Wednesday, 26 January 2011

Source: GNA

Accra bourse Index continues rise

Accra, Jan. 26, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, climbed for the third session in a row, up 1.84 points to close at 1,024.19 points from 1,022.35 points.

The year-to-date now stands at 2.42 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also rose 2.58 points to 1,016.04 points from 1,013.46 points with a year-to-date change of 1.60 per cent.

There were four advancers during the session.

CAL Bank (CAL) gained GH¢0.01 at GH¢0.39, Ecobank Ghana (EBG) was up GH¢0.02 at GH¢3.24, HFC Bank went up GH¢0.01 to GH¢0.37 and Standard Chartered Bank inched up GH¢0.01 to GH¢45.36.

Market Capitalization closed the session at GH¢20,162.17 from GH¢20,153.08 million with 1,026,673 shares valued at 395,964.56 cedis exchanging hands.