Business News of Wednesday, 22 June 2011

Source: GNA

CPC, Ayrton drag Accra bourse Index lower

Accra, June 22, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, fell by 1.66 points to close at 1,186.57 points from 1,188.23 points.

The year-to-date now stands at 18.66 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, however, inched up 0.86 points to 1,160.61 points from 1,159.75 points with a year-to-date change of 16.06 per cent. The equities that gained outweighed the decliners. Total Petroleum gained GH¢0.09 to GH¢17.61; UT Bank was up by GH= ¢0.01 to GH¢0.33; and Starwin Products Limited advanced by GH¢0.01 to GH¢0.= 03. Decliners for the session were Cocoa Processing Company, which was dow= n GH¢0.01 to close at GH¢0.02 and Ayrton Drugs which shed GH¢0.01 to GH= ¢0.16.

Market capitalisation closed the session lower at GH¢20,441.91 milli= on from GH¢20,450.04 million. More than 2.1 million shares were traded during the session, valued at GH¢492,790.62

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 0.20

Ayrton Drug Man. Ltd AYRTN 0.16 -0.01

Benso Oil Palm Plantation BOPP 0.83 CAL Bank Limited CAL 0.29 Clydestone Ghana Ltd CLYD 0.07 Camelot Ghana Limited CMLT 0.12

Cocoa Processing Co. Ltd CPC 0.02 -0.01 Ecobank Ghana Ltd EBG 3.50 Enterprise Group Ltd EGL 0.48 Ecobank Transnational Inc. ETI 0.15 Fan Milk Limited FML 3.08 Ghana Commercial Bank Ltd GCB 3.00 Guinness Ghana Breweries Ltd GGBL 1.44 Ghana Oil Company GOIL 0.31 Golden Star Resources GSR 3.00 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.40 Mechanical Lloyd Co. Ltd MLC 0.10 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 65.00 State Insurance Company Limited SIC 0.52

Starwin Products Limited SPL 0.03 +0.01

SG-SSB Limited SG-SSB 0.52 Sam Woode Limited SWL 0.02 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 17.61 +0.09 Transaction Solutions Gh. Ltd TRANSOL 0.07 Unilever Ghana Ltd UNIL 7.44 UT Bank Limited UTB 0.33 +0.01 AngloGold Ash. Depository Shares AADS 0.50 StanChart Bank Preference Shares SCB PREF 0.52