Accra bourse falls on Ecobank Ghana loss

The Ghana Stock Exchange closed lower on Monday, pulled down by a GH�0.10 loss by Ecobank Ghana Limited. Gains in Ghana Commercial Bank (GCB) and State Insurance Company (SIC) were not enough to reverse the fall. As a result, the GSE-All Share Index, the benchmark measure of performance on the Accra bourse, fell by 24.74 points to close at 5,328.87 points down from 5,353.61 points. Monday's drop brings the year-to-date loss to 48.92 per cent. Traded volumes closed the session at 543,631 shares with UT Financial Services, leading the pack with 311,000 shares. On the broader market, there were three price changes - a negative and two positive. GCB gained GH�0.01 at GH�0.71 and SIC went up by GH�0.01 at GH�0.27. EBG dropped by GH�0.10 at GH�2.80. Market Capitalisation ended the session at GH�15,686.34 million. Accra Brewery Ltd ABL 0.10 African Champion Industries Ltd ACI 0.10 Anglo Gold Ashanti AGA 30.00 Aluworks Limited ALW 0.44 Ayrton Drug Man. Ltd. AYRTN 0.13 Benso Oil Palm Plantation BOPP 0.48 Cal Bank Limited CAL 0.20 CFAO Ghana Limited CFAO 0.04 Clydestone Ghana Ltd CLYD 0.08 Camelot Ghana Limited CMLT 0.16 Cocoa Processing Com Ltd CPC 0.03 Ecobank Ghana Ltd EBG 2.80 -0.10 Enterprise Insurance Co. Ltd EIC 2.20 Ecobank Transnational Inc. ETI 0.13 Fan Milk Limited FML 5.55 Ghana Commercial Bank Ltd GCB 0.71 +0.01 Guinness Ghana Breweries Ltd GGBL 1.35 Ghana Oil Company GOIL 0.16 Golden Star Resources GSR 3.10 Golden Web Ltd GWEB 0.05 HFC Bank Ltd HFC 0.62 Mechanical Lloyd Co. Ltd MLC 0.20 Pioneer Kitchenware Ltd PKL 0.07 Produce Buying Company PBC 0.19 PZ Cussons Ghana Ltd PZC 1.10 StandardChart Bank Gh. Ltd SCB 30.00 SIC Insurance Company Limited SIC 0.26 +0.01 Starwin Products Limited SPL 0.05 SG-SSB Limited SG-SSB 0.45 Sam Woode Limited SWL 0.03 Trust Bank Ltd (Gambia) TBL 1.33 TOTAL Petroleum Ghana Ltd TOTAL 6.80 Transaction Solutions Gh. Ltd TRANSOL 0.09 Unilever Ghana Ltd UNIL 3.40 UT Financial Services UTF 0.21 AngloGold Ashanti Depository Shares AADS 0.30