Tag: GSE
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Ghana Stock Exchange shows robust performance with notable gains in key equities
The Ghana Stock Exchange (GSE) experienced a strong trading session on September 6, 2023, characterized by significant gains in essential equities and a surge in trading activity. This surge in investor participation and increased volume is instilling confidence in the Ghanaian stock market. Out of the 14 GSE-listed equities involved in the trading, optimism prevailed…
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Capital market: African players urged to embrace integration
Players in the financial space have emphasized the need for an integrated capital market in the African sub region. According to them such integration will support a robust and uniform economic renaissance on the continent, along with the transition to a broader, more diversified, sustainable, and digitalized economy. One of the characteristics of the fast-evolving…
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Société Générale Ghana records GHS 109M profit in 2022 despite DDEP impact
Société Générale Ghana Plc recorded a GHS 109 million profit after tax for the year 2022 as compared to the GHS 184 million cedis recorded in 2021. This represents a decrease in the profit margin of the bank. This comes on the back of the implementation of the Domestic Debt Exchange Programme (DDEP) by government…
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Players in financial ecosystem urged to collaborate to revive economy
The Managing Director of the Ghana Stock Exchange, Abena Amoah has reiterated the need for players within the financial sector to help resuscitate the Ghanaian economy. According to her, collaborations among players within the financial ecosystem driven by ethical standards will help restore confidence to the local economy. Ms. Abena Amoah made these comments at…
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Abena Amoah appointed Managing Director of GSE
The Council of the Ghana Stock Exchange (GSE) has announced the appointment of Abena Amoah as the Managing Director of the Exchange, with effect from November 24, 2022. In a statement issued by the GSE, it indicated that Abena Amoah will take over from Ekow Afedzie, the current Managing Director, who will retire from the…
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GSE, Young Investors Network launch investment educational programs for the youth
As part of its objective to increase awareness and deepen financial literacy in the country, the Ghana Stock Exchange has partnered the Young Investors Network (YIN) and other industry players to launch a bouquet of Investment Education Programs for the youth. The move is aimed at promoting interest in savings and investment amongst the youth,…
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Unilever Ghana PLC remains upbeat about future growth prospects
Managing Director of Unilever Ghana PLC, George Owusu-Ansah, has stated that it is optimistic about his outfit’s growth prospects. This comes as the company recorded an increase in revenue of about 23% for the year 2021 despite the impact of the lingering COVID-19 on businesses. Taking its turn at the ‘Facts Behind The Figures’ forum,…
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Stock market doing well over uptick in participation of local investors – Analyst
Head of Research at Databank, Alex Boahen has attributed the increase in performance in trading activities on the local bourse to the impressive uptick in participation of local investors in the market. Despite ending the first quarter of 2022 with a loss of 1.67 percent compared the 13.9 per cent recorded at end of 2021…
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7 state entities shortlisted to list on Ghana Stock Exchange
About seven State-Owned institutions have been shortlisted for possible listing on the Ghana Stock Exchange this year. This follows a review of the performance of these state entities, which have been making losses since 2015. Speaking during a meeting with the media in Accra, Deputy Managing Director of the Ghana Stock Exchange, Abena Amoah noted…
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GSE rewards stakeholders and staff on its 30th anniversary awards and dinner night
The Ghana Stock Exchange (GSE) has celebrated various stakeholders at its 30th anniversary awards and dinner night, which was rescheduled due to COVID-19 last year. Long-serving staff and various stakeholders who have contributed in diverse ways to the growth and the development of the Exchange received several awards. The awards ceremony was graced by the…