Business News of Tuesday, 20 July 2010

Source: GNA

Accra bourse dips again

Accra, July 20, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, dropped by 23.91 points from 6,289.24 points to 6,265.33 points during Tuesday's trading on the Accra bourse.

The Change Year to Date was 12.44 points.

Traded volume was 689,504 shares valued at GH¢146,579.00. African Champion Limited (ACI) led the pack with 338,000 shares valued at GH¢29,420.00; followed by UT Bank Limited (UTB) with 141,300 shares valued at GH¢36,738.00; Ecobank Transnational Incorporated (ETI) had 86,700 shares valued at GH¢12,138.00 while Ghana Oil Company Limited (GOIL) also had 58,200 shares valued at GH¢14,550.00.

Shares of 11 other equities were also sold.

On the broader market, there were five losers and three gainers. Fan Milk Limited (FML) lost GH¢0.21 to close trading at GH¢7.50; Unilever Ghana Limited (UNIL) lost GH¢0.14 to close at GH¢3.56, Ghana Commercial Bank Limited (GCB), Produce Buying Company Limited (PBC) and UTB lost GH¢0.01 each to close trading at GH¢1.51; GH¢0.12 and GH¢0.26, in that order.

Golden Star Resources Limited (GSR) led the pack with an increase in its share price of GH¢0.20 to close trading at GH¢3.50; Standard Chartered Bank Ghana Limited (SCB) appreciated by GH¢0.02 to close at GH¢42.72; while GOIL went up by GH¢0.02 to close at GH¢0.25

Market Capitalisation was GH¢18,179.82 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 0.09

Anglo Gold Ashanti AGA 34.00

Aluworks Limited ALW 0.29

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.75

Cal Bank Limited CAL 0.28

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 2.99

Enterprise Insurance Co. Ltd EIC 1.36

Ecobank Transnational Inc. ETI 0.14

Fan Milk Limited FML 7.50 -0.21

Ghana Commercial Bank Ltd GCB 1.51 -0.01

Guinness Ghana Breweries Ltd GGBL 1.56

Ghana Oil Company GOIL 0.25 +0.02

Golden Star Resources GSR 3.50 +0.20

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.55

Mechanical Lloyd Co. Ltd MLC 0.17

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.12 -0.01

PZ Cussons Ghana Ltd PZC 1.10

Standard Chart Bank Gh. Ltd SCB 42.72 +0.02

SIC Insurance Company Limited SIC 0.36

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.55

Sam Woode Limited SWL 0.02

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 8.25

Transaction Solutions Gh. Ltd TRANSOL 0.07

Unilever Ghana Ltd UNIL 3.56 -0.14

UT Bank Limited UTB 0.26 -0.01

AngloGold Ashanti Depository Shares AADS 0.36

Standard Chartered Bank Preference Shares 0.52