Business News of Monday, 26 July 2010

Source: GNA

Accra bourse opens week on brighter note

Accra, July 26, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, went up by 40.8 points from 6,246.91 points to 6,287.71 points during Monday's trading on the Accra bourse.

The Change Year to Date was 12.84 points.

Traded volume was 569,620 shares valued at GH¢537,140.31. Of the 11 equities that sold shares, Ghana Commercial Bank Limited (GCB) led the pack with 258,100 shares valued at GH¢411,301.00 while SIC Insurance Company Limited (SIC) had 211,200 shares valued at GH¢82,343.00 sold.

On the broader market, there were five price changes, three positives and two negatives.

GCB led the gainers with a price increase of GH¢0.12 to close trading at GH¢1.60 while Fan Milk Ghana Limited (FML) and SIC appreciated by GH¢0.02 each to close trading at GH¢7.35 and GH¢0.39, respectively.

CAL Bank Limited (CAL) and Ecobank Ghana Limited (EBG) lost GH¢0.01 each to close trading at GH¢0.24 and GH¢2.97, respectively.

Market Capitalisation was GH¢18,201.79 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 0.74

Cal Bank Limited CAL 0.24 -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 2.97 -0.01

Enterprise Insurance Co. Ltd EIC 1.30

Ecobank Transnational Inc. ETI 0.14

Fan Milk Limited FML 7.35 +0.02

Ghana Commercial Bank Ltd GCB 1.60 +0.12

Guinness Ghana Breweries Ltd GGBL 1.56

Ghana Oil Company GOIL 0.25

Golden Star Resources GSR 3.50

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.56

Mechanical Lloyd Co. Ltd MLC 0.17

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.13

PZ Cussons Ghana Ltd PZC 1.10

Standard Chart Bank Gh. Ltd SCB 42.73

SIC Insurance Company Limited SIC 0.39 +0.02

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

UT Bank Limited UTB 0.26

AngloGold Ashanti Depository Shares AADS 0.36

Standard Chartered Bank Preference Shares 0.52