Browsing Category

Investment

Ghana stocks fall

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, opened the week lower, dragged down by losses in four equities. The index closes down 9.03 points to 1,050.35 points from 1,059.38 points…

Stanbic Income Fund IPO hits 171 per cent

The Initial Public Offer (IPO) of the Stanbic Income Fund, has seen 171 per cent over subscription at the end of the bid. The bank’s Portfolio Manager, Kwabena Boamah said the Fund saw about 342 investors taking up the offer, out of which…

Ghana stocks tumble down after successive gains

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, fell for the first time in ten sessions, down 7.48 points to close at 1,049.66 points from 1,057.14 points on Tuesday. The year-to-date now…

Comet IPO extended by two weeks

The share offer of Comet Properties has been extended by two weeks from January 31 to February 15, following approval from the Securities and Exchange Commission. A statement from the Lead Manager and sponsoring brokers of the Initial…

$1.5b Ghana’s housing project kicks off

A massive housing project to provide an initial 30,000 units for the country's security agencies kicked off with a sod-cutting ceremony performed by President John Evans Atta Mills at the Tesano Police Depot in Accra on January 27, 2011.…

Ghana stocks rise again but Total Petroleum loses

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, climbed for the fourth straight session in a row, up by 20.71 points to close at 1,044.90 points from 1,024.19 points. The year-to-date now…