Articles from the ‘Stock Market’ category
Posted by Contributor on December 5, 2011 at 11:44 am in Business, Other Top Stories, Stock Market
Mr Oscar Onyema, Chief Executive Officer of the Nigerian stock Exchange will deliver the keynote address at the Third MTN Business World Executive Breakfast meeting in Accra. The event scheduled to take place on December 15 at the Golden Tulip Hotel is on the theme: “Taking Your Business regional”, and would bring together Ghanaian entrepreneurs [...]
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Posted by Contributor on September 29, 2011 at 12:13 pm in Business, Stock Market
Accra Brewery Limited (ABL) has revealed that there is a possibility of relisting on the Ghana stock exchange following moves to get the company back to making profits. Huge debts in the books of the company forced it to delist in August in 2010. ABL’s parent company, SAB Miller Africa is said to have pumped [...]
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Posted by Contributor on June 16, 2011 at 5:51 pm in Business, Stock Market
Kosmos Energy has indicated its readiness to float some of its shares on the Ghana Stock Exchange (GSE) to the tune of about $50 million probably in September or October. Brian Maxtead, Chief Executive Officer (CEO) of Kosmos, who disclosed this to the media Tuesday in Accra, said his outfit was collaborating with the GSE [...]
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Posted by Contributor on May 10, 2011 at 3:48 pm in Business, Stock Market
(Bloomberg) — The Ghana Stock Exchange Composite Index gained for the tenth day, rising 1.1 percent at 1,160.40 as of the 3 p.m. close of trading in Accra, matching the longest winning streak since Jan. 31. Kenya’s All-Share Index snapped five days of gains, falling 0.2 percent to 76.59 by the 3 p.m. close in [...]
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Posted by Contributor on March 15, 2011 at 11:52 am in Business, Stock Market
Real estate developer, Comet properties says it is re-organizing to take another shot at listing on the stock market by the middle of next year. It follows a failed bid to list on the exchange after it could not raise the required funds during its recent public offer. IPO’s such as Comet could have been [...]
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Posted by Contributor on March 9, 2011 at 11:35 am in Business, Stock Market
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, on Monday, rose by 4.7 points to close at 1,058.81 points from 1,054.11 points. The year-to-date now stands at 5.88 per cent. The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also gained 6.2 points to 1,039.14 [...]
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Posted by Contributor on March 4, 2011 at 11:33 am in Business, Stock Market
The Securities and Exchange Commission is proposing some changes to the laws governing the securities industry to ensure they meet international best practices. The move will ensure that all the regulatory lapses in the current laws are removed. Joy Business’ George Wiafe who sighted the draft memorandum and reports the amendments seek to remove provisions [...]
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Posted by Contributor on February 18, 2011 at 8:39 am in Business, Stock Market
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, inched down 0.86 points for the fourth straight session, to close 1,048.78 points from 1,049.84 points. The year-to-date now stands at 4.88 per cent. The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, was also down 0.54 [...]
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