Ghana Stock Exchange adjudged Most Innovative African Stock Exchange for 2010

The Ghana Stock Exchange (GSE) has been adjudged the “Most Innovative African Stock Exchange for 2010”.

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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