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Investment
Tullow Plc starts trading on Ghana Stock Exchange
Tullow Oil Plc on Tuesday listed its shares on the Ghana Stock Exchange becoming the most capitalized equity on the bourse.
Tullow, which is trading under the symbol TLW, listed 903.8 million shares with a market capitalisation of…
Ghana receives $2.5b, becomes 7th largest recipient of FDIs in Africa, as oil attracts investors
Ghana became the 7th largest recipient of foreign direct investments (FDIs) in Africa at the end of 2010. Investors brought into the country, an amount of $2.5 billion, according to the 2011 World Investment Report.
This was against $2…
Stanchart loss pulls Ghana stocks down
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 8.83 points to close at 1,177.89 points from 1,186.72 points.
The loss leaves the year-to-date gain at 17.79 per cent.
The…
Global foreign direct investments rise to $1.24 trillion – UN
Global foreign direct investment (FDI) inflows have risen to $1.24 trillion in 2010 from $1.18 trillion in 2009, says a new United Nations Conference on Trade and Development (UNCTAD) report.
According to the report, titled, “The World…
ETI, Ecobank Ghana boost Ghana stocks
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 8.57 points to close at 1,186.72 points from 1,178.15 points.
The gain puts the year-to-date at 18.67 per cent.
The GSE-Financial…
Ghana Stock Exchange to start listing Exchange Traded Funds in September
Barring any regulatory hitches, the Ghana Stock Exchange will see the listing of its first Exchange Traded Funds (ETFs) in September, this year.
Exchange Traded Funds are securities traded on exchanges like shares but linked to the…
Ghana’s stable economic environment is sure bet for investment – Andani
Mr Alhassan Andani, the Managing Director of Stanbic Bank, has said Ghana’s growing democracy, peaceful environment, and the recent discovery of oil, make her a secure place and a viable destination for investment.
Speaking during an…
Ecobank Transnational leads on Ghana stocks
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 6.69 points to close at 1,183.06 points from 1,176.37 points.
The gain puts the year-to-date at 18.31 per cent.
The GSE-Financial…
Heavy investment needed in livestock, poultry production – Dep. Minister
Dr Tia Alfred Sugri, Deputy Minister of Food and Agriculture in charge of Livestock, has called for heavy investment in the livestock and poultry sectors to enhance the competitiveness of local production in animal produce.
He said such…
Tullow raises $72.3m from ‘successful’ sale of 3.5 out of 4 million shares from Ghana listing
Tullow Oil, the major operator at the Jubilee oilfields says it sold a little over 3.5 million shares out of the initial four million shares it offered on the Ghana Stock Exchange (GSE).
Tullow opened the offer between June 13 and July 4,…