Business News of Monday, 2 March 2009

Source: GNA

Accra bourse index begins week on weak note

Accra, March 2, GNA - The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange, began the week on a weak note, losing 7.99 points to close at 9,828.85 points. Change for the Year to date now stands at -5.78 per cent. Traded volumes closed the session at 11,000 shares. Market capitalisation also fell to close the session at GH¢18,459.34 million.

On the broader market, there were two negative price changes. Enterprise Insurance Company (EIC) lost GH¢0.02 to close at GH¢2.98 and Ghana Commercial Bank was down by GH¢0.02 at GH¢0.60.

The following are the closing prices of equities in Ghana cedis

Equities Share Code Closing Price in GH cedis

Accra Brewery Ltd ABL 0.12

Anglo Gold Ashanti AGA 30.00

Aluworks Limited ALW 0.61

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.95

Cal Bank Limited CAL 0.45

CFAO Ghana Limited CFAO 0.04

Clydestone Ghana Ltd CLYD 0.08

Camelot Ghana Limited CMLT 0.16

Cocoa Processing Com Ltd CPC 0.05

Ecobank Ghana Ltd EBG 3.80

Enterprise Insurance Co. Ltd EIC 2.98 -0.02

Ecobank Transnational Inc. ETI 0.45

Fan Milk Limited FML 4.50

Ghana Commercial Bank Ltd GCB 0.60 -0.02

Guinness Ghana Breweries Ltd GGBL 1.80

Ghana Oil Company GOIL 0.30

Golden Star Resources GSR 3.10

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.62

Mechanical Lloyd Co. Ltd MLC 0.21

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.21

PZ Cussons Ghana Ltd PZ 1.20

Standard Chart. Bank Gh.Ltd SCB 38.00

SIC Insurance Company Limited SIC 0.42

Starwin Products Limited SPL 0.05

Super Paper Products Co. Ltd SPPC 0.10

SG-SSB Limited SG-SSB 1.14

Sam Woode Limited SWL 0.03

Trust Bank Ltd (Gambia) TBL 1.33

TOTAL Petroleum Ghana Ltd TOTAL 7.60

Transaction Solutions Gh.Ltd TRANSOL 0.11

Unilever Ghana Ltd UNIL 3.60

UT Financial Services UT 0.29

AngloGold Ashanti Depository Shares AADS 0.30