Business News of Monday, 16 August 2010

Source: GNA

Accra bourse opens week on brighter note

Accra, Aug. 16, GNA - The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, went up by 27.46 points from 6,427.77 points to 6,455.23 points during Monday's trading on the Accra bourse.

The Change Year to Date was 15.84.

Traded volume closed the session at 166,134 shares valued at GH¢79,880.22. Of the 16 equities that sold shares, Mechanical Llyod Company Limited (MLC) led the pack with 80,000 of its shares valued at GH¢13,600.00.

On the broader market, there were eight price changes, five positives and three negatives. Unilever Ghana Limited (UNIL) led the gainers with a share price increase of GH¢0.15 to close trading at GH¢4.00; HFC Bank (Ghana) Limited (HFC) went up by GH¢0.06 to close trading at GH¢0.52; Ecobank Ghana Limited (EBG) went up by GH¢0.05 to close trading at GH¢2.85 while Aluworks Limited (ALW) and Enterprise Insurance Company Limited (EIC) appreciated by GH¢0.01 each to close trading at GH¢0.34 and GH¢1.61, respectively.

Cal Bank Limited (CAL) lost GH¢0.02 to close trading at GH¢0.25 while SIC Insurance Company Limited (SIC) and SG-SSB Limited (SG-SSG) depreciated by GH¢0.01 each to close trading at GH¢0.37 and GH¢0.56, respectively.

Market Capitalisation was GH¢18,305.77 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 0.34 +0.01

Ayrton Drug Man. Ltd. AYRTN 0.16

Benso Oil Palm Plantation BOPP 0.74

Cal Bank Limited CAL 0.25 -0.02

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 2.85 +0.05

Enterprise Insurance Co. Ltd EIC 1.61 +0.01

Ecobank Transnational Inc. ETI 0.14

Fan Milk Limited FML 8.50

Ghana Commercial Bank Ltd GCB 1.90

Guinness Ghana Breweries Ltd GGBL 1.56

Ghana Oil Company GOIL 0.23

Golden Star Resources GSR 3.40

Golden Web Ltd GWEB 0.05

HFC Bank Ltd HFC 0.52 +0.06

Mechanical Lloyd Co. Ltd MLC 0.17

Pioneer Kitchenware Ltd PKL 0.07

Produce Buying Company PBC 0.17

PZ Cussons Ghana Ltd PZC 1.10

Standard Chart Bank Gh. Ltd SCB 43.05

SIC Insurance Company Limited SIC 0.37 -0.01

Starwin Products Limited SPL 0.05

SG-SSB Limited SG-SSB 0.56 -0.01

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 4.00 +0.15

UT Bank Limited UTB 0.25

AngloGold Ashanti Depository Shares AADS 0.36

Standard Chartered Bank Preference Shares SCB PREF 0.52