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The seven richest people on the Ghana Stock Exchange

  While a significant majority of Ghana’s wealthiest individuals continue to shun its local bourse ­– preferring to build their fortunes through privately-owned companies – a tiny handful of high net-worth individuals keep a portion of their investment portfolios in listed equities on Ghana’s largely illiquid stock market. Based on …

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Ghana’s debt stock hits GH¢304.6 billion – BoG

  Latest figures from the Bank of Ghana’s Summary of Economic and Financial Data show that Ghana’s debt stock rose by GH¢13 billion to hit GH¢304.6 billion as of March 2021, representing 70.2% of Gross Domestic Product (GDP). The additional GH¢13 billion debt came about between December 2020 and March 2021. …

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GSE is Africa’s best stock market in 2021 Q1

  The first quarter (Q1) of 2021 saw the Ghana Stock Exchange top the African stock market with an annual return of 14.62% in dollar term for investors. The performance of the market translated into an improved market capitalization of GH¢57.16 billion at the end of March this year. The …

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Stock market rebounds on the back of GCB

Market Summary The benchmark index gained 3.80 points (+0.21%) on the back of GCB Bank (+4.05%) to close today’s session at 1,842.85 with a -18.36% year-to-date return while the market capitalization was up 0.07% to close at GH¢53.73 billion. Consequently, the GSE Financial Index closed 6.90 points (+0.42%) higher at …

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