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Business News Tue, 11 May 2010

Accra bourse index continues impressive run

Accra, May 11, GNA - The GSE All-Share Index rose 138.12 points to 7,007.38 points as the bourse continued its impressive performance on the=

back of financial and food stocks.

This brings the gain so far this year to 25.75 percent. Traded volumes closed the session at 990,829 shares valued at GH¢473,278.22. On the broader market, there were 11 price changes - six gainers and=

five losers.

Ghana Commercial Bank (GCB) was up GH¢0.08 at GH¢1.30, SG-SSB Ba= nk added GH¢0.06 at GH¢0.66, Unilever Ghana Limited (UNIL) went up GH¢= 0.03 at GH¢3.72 and Fan Milk Limited gained GH¢0.05 at GH¢7.29.

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Other gainers were Ghana Oil Company Limited up GH¢0.02 at GH¢0.= 23 and Ecobank Transnational Incorporated (ETI) gains GH¢0.01 at GH¢0.20. Decliners for the session include Ecobank Ghana Limited (EBG) fell GH¢0.05 at GH¢3.45, Enterprise Insurance Company (EIC) was down GH¢= 0.21 at GH¢1.40, Guinness Ghana Breweries Limited (GGBL) dropped GH¢0.05 at G= H¢1.55, HFC Bank eased GH¢0.02 at GH¢0.57 and State Insurance Company (SIC) d= ropped GH¢0.01 at GH¢0.34. Market Capitalization closed the session up at GH¢18,633.08 million from GH¢18,515.95 million.

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

Equities Share Code Closing Price in GH¢

Accra Brewery Ltd ABL 0.10

African Champion Industries Ltd ACI 0.09

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Anglo Gold Ashanti AGA 34.00

Aluworks Limited ALW 0.40 Ayrton Drug Man. Ltd. AYRTN 0.16 Benso Oil Palm Plantation BOPP 0.49 Cal Bank Limited CAL 0.28 CFAO Ghana Limited CFAO 0.03 Clydestone Ghana Ltd CLYD 0.07 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.03

Ecobank Ghana Ltd EBG 3.45 -0.05

Enterprise Insurance Co. Ltd EIC 1.40 -0.21

Ecobank Transnational Inc. ETI 0.20 +0.01

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Fan Milk Limited FML 7.29 +0.04

Ghana Commercial Bank Ltd GCB 1.30 +0.08

Guinness Ghana Breweries Ltd GGBL 1.55 -0.05

Ghana Oil Company GOIL 0.23 +0.02 Gold= en Star Resources GSR 3.00 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.57 -0.02 Mechanical Lloyd Co. Ltd MLC 0.18 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.15 PZ Cussons Ghana Ltd PZC 1.10 StandardChart Bank Gh. Ltd SCB 40.01 SIC Insurance Company Limited SIC 0.34 -0.01 Starwin Products Limited SPL 0.05 SG-SSB Limited SG-SSB 0.66 +0.06 Sam Woode Limited SWL 0.03 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 7.23

Transaction Solutions Gh. Ltd TRANSOL 0.09

Unilever Ghana Ltd UNIL 3.72 +0.03

UT Financial Services UTF 0.20 AngloGold Ashanti Depository Shares AADS 0.33

Source: GNA