The Ghana Stock Exchange (GSE) has been adjudged the “Most Innovative African Stock Exchange for 201.”  This was at the Africa investor (Ai) Index Series Awards held at the New York Stock Exchange (NYSE) last Friday, according to a statement issued by the GSE in Accra on Monday.

The statement said: “The Africa investor Index Series Awards are the only international pan-African awards that recognize and reward Africa’s institutional investors, stock exchanges, best-performing listed companies, stockbrokers and capital market regulators.”

It said the awards assessed performance between April 2009 and April 2010.

It quoted Mr Hubert Danso, Vice President and Managing Director of Ai, as saying: “We are delighted to have the opportunity to profile African capital market success stories through the Africa investor Index Series Awards. The quality and quantity of entries received this year is testament to Africa’s increasing appeal to the global investment community.”

It said the awards ceremony coincided with the annual Africa investor (Ai) Index Series Awards Summit held in association with NYSE Euronext in New York.

It said the summit brought together international investors, African Chief Executive Officers, pension funds and capital market professionals to explore investment partnerships in African listed equities.

The statement said the GSE topped the “Most Innovative Stock Exchange” category out of a group of seven African Stock Exchanges nominated.

Source: GNA

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 GHANA CEDI EQUIVALENT OF CURRENCY

CURRENCY             BUYING          SELLING
US Dollar            1.4126          1.4325
Pound Sterling       2.1452          2.1761
Swiss Franc          1.3236          1.3420
Australian Dollar    1.3056          1.3253
Canadian Dollar      1.4122          1.4314
Danish Kroner        0.2546          0.2582
Japanese Yen         0.0150          0.0152
New Zealand Dollar   1.9906          1.0060
Norwegian Kroner     0.2369          0.2402
Swedish Kroner       0.1965          0.1991
South Africa Rand    0.1948          0.1972
Euro                 1.8952          1.9213

        CURRENCY EQUIVALENT OF GHANA CEDI

CFA                  341.41          346.12
Dalasi                20.29           20.57
Ouguiya              190.80          193.49
Naira                113.71          115.31
Leon               2,905.21        2,946.13
WAUA                 0.4987

GNA

Ghana Commercial Bank continues its upwards rise with a gain of GH¢0.01 at GH¢0.92, Standard Chartered Bank was up GH¢0.17 at GH¢32.25, Total Petroleum Ghana rose GH¢0.03 at GH¢7.13 and UT Financial Services (UTF) GH¢0.03 at GH¢0.25.  The laggard for the session was Produce Buying Company, which went down GH¢0.01 at GH¢0.09.  Traded volumes stood at 242,173 shares valued at GH¢248,306.45.
   Market Capitalisation closed the session up at GH¢17,710.50 million from GH¢17,702.64 million at the previous close.

On the broader market, there were three price changes-two gainers and a laggard.  Ecobank (EBG) gained GH¢0.05 at GH¢3.65 and Standard Chartered Bank advanced GH¢0.03 at GH¢31.33.  The laggards were Produce Buying Company, which dropped by GH¢0.01 GH¢0.10.

  Traded volumes closed the session at 103,630 shares valued at GH¢173,218.41.  Market Capitalisation closed the session marginally up at
GH¢17,651.47 million.

On the broader market, there were four price changes, equally shared among the gainers and laggards.  Ecobank (EBG) gained GH¢0.05 at GH¢3.50 and Guinness Ghana Brewery Limited adds GH¢0.01 at GH¢1.38.  The laggards were Produce Buying Company and Ghana Oil Company, which dropped by GH¢0.01 each at GH¢0.12 and GH¢0.19 respectively. 

 Traded volumes closed the session at 664,639 shares valued at GH¢605,047.18.  Market Capitalisation closed the session marginally up at GH¢17,622.54 million.

 Change for the year ended the week better at -37.66 per cent while market capitalisation improved at GH¢16,066.32 million from GH¢16,057.88 million.  Traded volumes were, however, down at 87,900 from Thursday’s 251,900 shares. On the broader market, there were five price changes – four up and one down.

Fan Milk Limited led gainers with GH¢0.15 at GH¢4.30; GOIL gained GH¢0.01 at GH¢0.18; UT gained GH¢0.01 at GH¢0.18; and State Insurance Company was also GH¢0.01 up at GH¢0.33. The only loser was Benso Oil Palm Plantation Limited, which was GH¢0.02 weaker at GH¢0.50

 The index ended the day at 5,232.48 points from 5,098.92 points with change for the year to date now standing at 49.84 per cent. Traded volumes also jumped from a mere 52,800 shares on Monday to 1,236,700 while market capitalisation also went up to GH¢15,141.19 million from GH¢15,043.95 million.

There were six price changes, four up and two down. CAL Bank lost GH¢0.02 at GH¢0.25 and Ghana Commercial Bank (GCB) also lost GH¢0.02 at GH¢0.76.

Ecobank Ghana gained GH¢0.05 to close GH¢2.50; Fan Milk Ghana Limited was up GH¢0.13 at GH¢4.00; Ecobank Transnational was GH¢0.01 better at GH¢0.03 and State Insurance Company (SIC) gained GH¢0.03 at GH¢0.23.

Traded volumes, however, rose from 195,400 shares to 316,100 shares while market capitalisation also went up at GH¢15,121.48 million from GH¢15,110.42 million. There were three price changes, all positive.

CAL Bank was up GH¢0.02 at GH¢0.25; Fan Milk Ghana Limited was GH¢0.29 better at GH¢3.85 and Ecobank Ghana Limited was GH¢0.01 at GH¢2.41.

Change for the year to date now stands at -49.60 per cent.  Traded volumes rose three times higher at 401,700 shares up from 151,600 shares at the previous session. Market Capitalisation ended the session at GH¢15,159.40 million up from GH¢15,145.29 million.

 There were four price changes – three positive and a negative.  Ecobank Ghana gained GH¢0.07 to close GH¢2.28; Fan Milk Limited was up GH¢0.01 at GH¢3.37; and Ghana Commercial Bank (GCB) went up by GH¢0.01 at GH¢0.76.

SG-SSB lost GH¢0.01 at GH¢0.34.

Change for the year to date now stands at -50.14 per cent.  Traded volumes were twice higher at 160,100 Shares compared to 78,700 on Monday.

On the broader market, there were three laggards during the session. Benso Oil Palm Plantation lost GH¢0.02 to close at GH¢0.65, Ecobank Transnational Incorporated (ETI) was down by GH¢0.01 at GH¢0.14 and Unilever fell by GH¢0.03 to close at GH¢3.40. 

Market capitalisation dropped to GH¢15,118.21 from GH¢15,208.12 million.