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Help us to address infractions that threaten your investment – SEC to investors

Help us to address infractions that threaten your investment – SEC to investors
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Accra , Greater-accra , Ghana , Jacob-aidoo , Sampson-ashong , Exchange-commission , Association-of-shareholders , Head-of-issuers-department , Ghana-stock-exchange , Ut-bank , Issuers-department , Insolvency-act

Ghana Markets Regulator Says Local Stocks May Add to 30% Gains

Ghana Markets Regulator Says Local Stocks May Add to 30% Gains
Moses Mozart Dzawu, Bloomberg News
Vehicles travel along a road in Accra, Ghana, on Tuesday, Oct. 23, 2020. Ghana is missing out on a rally of African bonds as investors fret about an expansion in spending and borrowing ahead of elections in December. Photographer: Cristina Aldehuela/Bloomberg
, Bloomberg
(Bloomberg) -- Ghana stocks may extend gains in 2021 of more than 30%, snapping three years of declines, as falling returns in the local fixed-income market draw investors to equities, according to an official from the markets regulator.
Stocks are set to be the biggest beneficiaries of the drop of 130 basis points in benchmark 91-day Treasury bill rates since the year started, coupled with a dearth of initial public offerings or fresh corporate debt sales, Jacob Aidoo, head of issuers at Ghanaâs Securities and Exchange Commission, said in an interview.

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