Ghana Stock Exchange

Investors in 22 of the 38 stocks listed on the Ghana Stock Exchange (GSE) experienced no capital gain or loss in the first quarter of the year, as only 16 stocks saw price movement during the period, an analysis by the B&FT has shown – with some of the dormant stocks extending their barren run back several quarters. This development, analysts say, reflects the current lopsided nature of the market – coupled with the weak appeal of some stocks and investor apathy over concerns about the broader economy. The flat stocks – comprising all the six stocks listed on the…

The Ghana Stock Exchange (GSE) has approved a request by the Ghana Association of Banks (GAB) to extend, by one-month, the filing of 2022 audited financial statements. The request by GAB was made on behalf of eight listed bank and will now move the date to April 30, 2023 instead of March-ending. The banks are: Access Bank Ghana, ADB, CalBank, Ecobank Ghana, GCB Bank, Royal Bank Ghana, Standard Chartered Bank Ghana and Société Générale. The extension, which will enable the banks to work effectively with their external auditors to achieve the audit objectives, became necessary because of banks’ ongoing discussions…