Business News Wed, 13 Jul 2011

Standard Chartered Bank pulls GSE Index down

Accra, July 13, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, inches down for the fifth consecutive session, losing 1.02 points to close at 1,181.37 points from 1,182.39 points.

The year-to-date now stands at 18.14 per cent. The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks also fell 1.08 points to 1,144.18 points from 1,145.26 points with a year-to-date change of 14.42 per cent.

There were three price changes- a positive and two losers. SG-SSB Limited gained GH¢0.01 to GH¢0.50. On the other hand, Standard Chartered Bank shed GH¢0.37 to GH¢64.63 and Fan Milk Limited lost GH¢0.01 to close at GH¢3.08. Market Capitalisation was marginally down at GH¢20,352.53 million cedis from GH¢20,357.50 million. Traded volumes were 176,023 shares traded, valued at GH¢262,433.04.

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 0.19 Ayrton Drug Man. Ltd AYRTN 0.16 Benso Oil Palm Plantation BOPP 0.83 CAL Bank Limited CAL 0.28 =09 Clydestone Ghana Ltd CLYD 0.06 Camelot Ghana Limited CMLT 0.12 Cocoa Processing Co. Ltd CPC 0.02 Ecobank Ghana Ltd EBG 3.50 Enterprise Group Ltd EGL 0.48 Ecobank Transnational Inc. ETI 0.14 Fan Milk Limited FML 3.08 -0.01=09 Ghana Commercial Bank Ltd GCB 3.00 =09 Guinness Ghana Breweries Ltd GGBL 1.44

Ghana Oil Company GOIL 0.31 Golden Star Resources GSR 2.99 Golden Web Ltd GWEB 0.04 HFC Bank Ltd HFC 0.38 =09 Mechanical Lloyd Co. Ltd MLC 0.09 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 64.63 -0.37=09 State Insurance Company Limited SIC 0.52 Starwin Products Limited SPL 0.02 =09 SG-SSB Limited SG-SSB 0.50 +0.01 Sam Woode Limited SWL 0.02 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 20.00 =09 Transaction Solutions Gh. Ltd TRANSOL 0.06 Unilever Ghana Ltd UNIL 7.48 =09 UT Bank Limited UTB 0.33 =09 AngloGold Ash. Depository Shares AADS 0.50 StanChart Bank Preference Shares SCB PREF 0.52

Source: GNA