Business News of Monday, 23 August 2010

Source: GNA

Accra bourse dips

Accra, Aug. 23, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, dropped substantially by 102.17 points from 6,650.56 points to 6,548.39 points during Monday's trading on the Accra bourse.

The Change Year to Date was 17.52.

Traded volume closed the session at 1,228,913 shares valued at GH¢571,875.49. Cal Bank Limited (CAL) led the pack with 290,300 shares valued at GH¢86,914.00; followed by Ecobank Transnational Incorporated (ETI) with 65,100 shares valued at GH¢9,730.00 while Ghana Commercial Bank Limited (GCB) had 61,300 of its shares valued at GH¢113,405.00 changing hands. Shares of 14 other equities were sold.

On the broader market, there were nine price changes, five positives and four negatives. Golden Star Resources Limited (GSR) led the gainers with a share price increase of GH¢0.19 to close at GH¢3.60; AngloGold Ashanti Depository Shares went up by GH¢0.04 to close at GH¢0.42; SG-SSB Limited (SG-SSB) went up by GH¢0.03 to close at GH¢0.60 while CAL and Enterprise Insurance Company Limited (EIC) appreciated by GH¢0.01 each to close at GH¢0.30 and GH¢1.81, respectively.

ETI; HFC Bank (Ghana) Limited (HFC); Produce Buying Company Limited (PBC) and SIC Insurance Company Limited (SIC) lost GH¢0.01 each to close at GH¢0.14; GH¢0.51; GH¢0.16 and GH¢0.36; in that order.

Market Capitalisation closed the session at GH¢18,428.22 million from 17.48 million 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 0.08

Anglo Gold Ashanti AGA 34.00

Aluworks Limited ALW 0.34

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.74 Cal Bank Limited CAL 0.30 +0.01

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 3.00

Enterprise Insurance Co. Ltd EIC 1.81 +0.01

Ecobank Transnational Inc. ETI 0.14 -0.01

Fan Milk Limited FML 8.51

Ghana Commercial Bank Ltd GCB 1.85

Guinness Ghana Breweries Ltd GGBL 1.55

Ghana Oil Company GOIL 0.24

Golden Star Resources GSR 3.60 +0.19

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.51 -0.01

Mechanical Lloyd Co. Ltd MLC 0.17

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.16 -0.01

PZ Cussons Ghana Ltd PZC 1.10

Standard Chart Bank Gh. Ltd SCB 43.05

SIC Insurance Company Limited SIC 0.36 -0.01

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.60 +0.03

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 4.30

UT Bank Limited UTB 0.26

AngloGold Ashanti Depository Shares AADS 0.42 +0.04

Standard Chartered Bank Preference Shares SCB PREF 0.52