Business News of 2012-09-04

Ecobank Transnational lifts GSE Index

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 6.98 points to 1,035.81 points from 1,028.83 points with a year-to-date return of 6.17 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, climbed by 9.98 points to 871.78 points from 861.80 points with a year-to-date change of 1.01 per cent.

There was a gainer and a loser during the session.

Ecobank Transnational Incorporated was up GH¢0.01 to GH¢0.11 while Total Petroleum Ghana shed GH¢0.03 to GH¢18.40.

Market Capitalization rose to close the session at GH¢56,098 million from GH¢55,939.58 million.

Shares traded are 249,335, valued at GH¢130,005.65.

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 37.00

Aluworks Limited ALW 0.05

Ayrton Drug Man. Ltd. AYRTN 0.17

Benso Oil Palm Plantation BOPP 1.49

Cal Bank Limited CAL 0.32

Clydestone Ghana Ltd CLYD 0.04

Camelot Ghana Limited CMLT 0.12

Cocoa Processing Com Ltd CPC 0.01

Ecobank Ghana Ltd EBG 3.11

Enterprise Insurance Co. Ltd EGL 0.30

Ecobank Transnational Inc. ETI 0.11 +0.01

Fan Milk Limited FML 2.74

Ghana Commercial Bank Ltd GCB 2.00

Guinness Ghana Breweries Ltd GGBL 2.37

Ghana Oil Company GOIL 0.54

Golden Star Resources GSR 2.75

Golden Web Ltd GWEB 0.04

HFC Bank Ltd HFC 0.45

Mechanical Lloyd Co. Ltd MLC 0.10

Pioneer Kitchenware Ltd PKL 0.06

Produce Buying Company PBC 0.20

PZ Cussons Ghana Ltd PZC 0.19

Standard Chart Bank Gh. Ltd SCB 43.00

SIC Insurance Company Limited SIC 0.34

Starwin Products Limited SPL 0.04

SG-SSB Limited SG-SSB 0.45

Sam Woode Limited SWL 0.02

Trust Bank Ltd (Gambia) TBL 0.40

TOTAL Petroleum Ghana Ltd TOTAL 18.40 -0.03

Transaction Solutions Gh. Ltd TRANSOL 0.05

Tullow Oil Plc TLW 38.00

Unilever Ghana Ltd UNIL 8.30

UT Bank Limited UTB 0.32

AngloGold Ashanti Depository Shares AADS 0.53

Standard Chartered Bank Preference Shares SCB PREF 0.52