Business News of Monday, 15 August 2011

Source: GNA

Banking stocks pull Accra Bourse Index down

Accra, Aug. 15, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, fell 4.24 points to close at 1,176.10 points from 1,180.34 points. The bourse has thus returned a year-to-date gain of 17.61 per cent. The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also dipped 5.47 points to 1,120.88 points from 1,126.35 points with corresponding year-to-date change of 12.09 per cent.

There were eight price changes=96 three up and five down. Standard Chartered Bank shed GH¢0.99 to GH¢6.01, CAL Bank down GH¢0.01 to GH¢0.26, and SG-SSB Bank fell GH¢0.01 to GH¢0.48. Other losers were Ghana Oil Company which lost GH¢0.01 to GH¢0.30 and Mechanical Lloyd down GH¢0.01 to GH¢0.10.

The gainers were; Total Petroleum Ghana up GH¢0.05 to GH¢22.09, State Insurance Company added GH¢0.01 to GH¢0.54 and HFC Bank advanced GH¢0.02 to GH¢0.36.

Market Capitalisation closes the session at GH¢48,393.16 million ced= is. Total volumes traded were 193,249 shares, valued at GH¢205,247.62.

The following are the closing prices of equities in Ghana Cedis:

Company Share Code Closing Prices Change

African Champion Industries Ltd ACI 0.08 Anglo Gold Ashanti AGA 34.00 Aluworks Limited ALW 0.16 Ayrton Drug Man. Ltd AYRTN 0.15 Benso Oil Palm Plantation BOPP 0.81

CAL Bank Limited CAL 0.26 -0.01 =09

Clydestone Ghana Ltd CLYD 0.06 Camelot Ghana Limited CMLT 0.11 Cocoa Processing Co. Ltd CPC 0.03 Ecobank Ghana Ltd EBG 3.51 Enterprise Group Ltd EGL 0.55 Ecobank Transnational Inc. ETI 0.14 Fan Milk Limited FML 3.08=09 Ghana Commercial Bank Ltd GCB 2.97 =09

Guinness Ghana Breweries Ltd GGBL 1.57 Ghana Oil Company GOIL 0.30 -0.01

Golden Star Resources GSR 2.99 Golden Web Ltd GWEB 0.04 HFC Bank Ltd HFC 0.36 +0.02 =09 Mechanical Lloyd Co. Ltd MLC 0.10 -0.01 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.28 PZ Cussons Ghana Ltd PZC 1.39 Standard Chart Bank Gh. Ltd SCB 60.01 -0.99 State Insurance Company Limited SIC 0.54 +0.01 Starwin Products Limited SPL 0.03 =09 SG-SSB Limited SG-SSB 0.48 -0.01 Sam Woode Limited SWL 0.02 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 22.09 +0.05 =09 Transaction Solutions Gh. Ltd TRANSOL 0.06 Tullow Oil Plc TLW 31.05 Unilever Ghana Ltd UNIL 7.52 =09 UT Bank Limited UTB 0.38 =09 AngloGold Ash. Depository Shares AADS 0.50 StanChart Bank Preference Shares SCB PREF 0.52