Abena Amoah

The Ghana Stock Exchange (GSE) could end the year with as much as an 18 percent return on account of non-financial stocks’ performance, databank has stated in a revision of its market outlook for the year. At beginning of the year, the financial asset manager pegged growth at around 12 percent – a sharp turn from the 13 percent drop recorded at the close of 2022. However, in its latest quarterly outlook note dubbed ‘Beyond the Trough: Stocks Remain in the Spotlight as a Glimpse of Economic Normalcy Emerges’, it noted that the 42023 return will be higher than earlier…

The Ghana Stock Exchange (GSE) is actively pursuing self-regulatory status from the Securities and Exchange Commission (SEC), in a bid to simplify the regulatory framework for the commercial paper (CP) market and bolster investor confidence. The move comes as GSE prepares to launch the CP market later this year, aiming to align its regulations with those of global markets and create a transparent and competitive environment for issuers and investors. During an industry engagement event named ‘Developing a commercial paper market in Ghana’, Abena Amoah, GSE-Managing Director, emphasised the significance of seeking self-regulatory status by stating: “What Ghana is looking…

The Ghana Stock Exchange (GSE) has formally joined the African Exchange Linkage Project (AELP), alongside over 30 other African stock exchanges, opening up wider opportunities for domestic investments. The initiative seeks to deepen liquidity, provide seamless investment opportunities and improve trading volumes across stock exchanges on the continent by providing access to investors in over 2,000 companies across sectors – ranging from consumer to financial services, technology and infrastructure – while opening up a new US$2trillion market capitalisation to investors. Besides, the platform will widen the market size for stockbrokers – allowing them to construct products and provide investment advisory…