The Ghana Stock Exchange (GSE) was adjudged the “Most Innovative African Stock Exchange for 2010” at the Africa investor (Ai) prestigious annual Index Series Awards held at the New York Stock Exchange (NYSE) on Friday,17th September 2010.
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. The awards assessed performance between April 2009 and April 2010.
Commenting on the awards in a press release issued by Ai, Hubert Danso, Vice Chairman and Managing Director of Africa investor said, “We are again 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”
The Ai Index Series Awards ceremony coincided with the annual Africa investor Index Series Summit held in association with NYSE Euronext in New York. The Summit brought together international investors, African CEOs, pension funds and capital market professionals to explore investment partnerships in African listed equities. The GSE topped the “Most Innovative Stock Exchange” category out of a group of seven African Stock Exchanges nominated.
New Calculation Of Closing Price Of Listed Equities
The Ghana Stock Exchange (GSE) has introduced a new method of calculating closing prices of equities on the market, with effect from January 4, 2011. Closing prices of listed equities will be calculated using the volume weighted average price of each equity for every given trading day.
New Council For The Ghana Stock Exchange
The Ghana Stock Exchange has a new governing Council for a two-year term (2011-
2013), renewable. The new Council which was appointed at an extraordinary general
meeting on Thursday, November 17, 2011 has three independent members, two
representatives of licensed dealing members, two listed company representatives and
two executives as follows:-
Results Of The COMET Properties Limited’s IPO
Worldwide Securities Limited on behalf of the Board and Management of Comet Properties Limited wishes to inform the applicants of the Comet’s public share offer, the investing public and all industry players that, the Comet IPO has been unsuccessful as we were unable to realise the minimum cumulative application of 18 million shares.
Suspension of Trading in Enterprise Insurance limited
The Ghana Stock Exhange (GSE), acting under Rule 7(1) of its Automated Trading System Rules, and with prior notification to the Securities and Exchange Commission, has suspended trading in the shares of Enterprise Insurance Limited (EIC).