Accra Bourse Index Falls On ETI, Tullow Loss

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, ended the week on a weaker note. It lost 2.69 points to 1,032.99 points down from 1,035.68 points on Thursday with a year-to-date return of 6.60 per cent. The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also fell by 7.52 points to 892.19 points from 899.71 points with a year-to-date change of 3.37 per cent. The session saw four positive price changes and two losses. Guinness Ghana Breweries Limited rose GH�0.06 to GH�1.66, Produce Buying Company gained GH�0.01 to GH�0.25, Ghana Commercial Bank was up GH�0.02 to GH�1.85 and UT Bank added GH�0.02 to GH�0.32. On the flip side, Ecobank Transnational Incorporated lost GH�0.01 to GH�0.10 and Tullow Oil fell GH�1.34 to GH�33.16. Market Capitalization closed lower at GH�49,637.86 million from GH�50,944.23 million. A total of 438,171 shares worth GH�481,927.90 changed hands during the session. 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 0.11 Ayrton Drug Man. Ltd. AYRTN 0.17 Benso Oil Palm Plantation BOPP 1.70 Cal Bank Limited CAL 0.25 Clydestone Ghana Ltd CLYD 0.04 Camelot Ghana Limited CMLT 0.11 Cocoa Processing Com Ltd CPC 0.02 Ecobank Ghana Ltd EBG 3.15 Enterprise Insurance Co. Ltd EGL 0.38 Ecobank Transnational Inc. ETI 0.10 -0.01 Fan Milk Limited FML 2.23 Ghana Commercial Bank Ltd GCB 1.85 +0.02 Guinness Ghana Breweries Ltd GGBL 1.66 +0.06 Ghana Oil Company GOIL 0.34 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 0.25 +0.01 PZ Cussons Ghana Ltd PZC 0.24 Standard Chart Bank Gh. Ltd SCB 52.21 SIC Insurance Company Limited SIC 0.38 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 26.10 Transaction Solutions Gh. Ltd TRANSOL 0.05 Tullow Oil Plc TLW 33.16 -1.34 Unilever Ghana Ltd UNIL 8.10 UT Bank Limited UTB 0.32 +0.02 AngloGold Ashanti Depository Shares AADS 0.52 Standard Chartered Bank Preference Shares SCB PREF 0.52