Audio By Carbonatix
Stockbrokers and investors will from January next year have two additional hours to trade on the stock market.
It brings the total number of trading hours to six from four. Trading will as a result take place from 9:30am to 3pm.
Managing Director of the Ghana Stock Exchange Kofi Yamoah explains to Joy Business, the extension of trading hours would afford both traders and non-resident investors more time to actively participate in the exchange.
“The trade worldwide even from the context of our co-equals in the African market, a number of them are moving to 3pm and possibly 5pm in due course of time.
“There is no harm in extending the hours because it affords both the local the foreign investors the opportunity to have more business hours to do business,” he said.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Samson’s Take: When religion threatens peace, sanity must prevail
30 minutes -
Friendship: Why time matters less than continuity
39 minutes -
Africa’s AI moment: They say data is the new gold. But who is drilling it?
40 minutes -
Ghana delivers strong performance in retail market in half-year; value up 15.6% – Maverick Research
46 minutes -
The world’s oldest president left for a ‘brief stay’ in Europe. He hasn’t returned in two months
1 hour -
Parliamentary committee commends GIPA’s investment drive, backs key reforms
1 hour -
Livestream: Newsfile discusses AKSA energy deal, legal vacation and GoldBod losses
1 hour -
Jason Arday: 10 things you may not know about British-born Ghanaian former Cambridge professor found dead at 41
4 hours -
KNUST partners with government to manufacture locally-made agricultural machines and smart traffic lights
4 hours -
Government to add constitutional referendum to 2027 District Assembly elections
5 hours -
Ambassador Nancy Sam meets South Africa’s Thanda to strengthen Africa tourism collaboration
5 hours -
Government disburses GH¢23.1 billion to clear road contractors’ arrears – Roads Minister
5 hours -
NPP Ashanti elections: 1,020 delegates to choose 11 regional executives
6 hours -
Galamsey: ‘Challenge is prosecution, not arrest’ — Lands Minister
7 hours -
Elliot Kabutey Tei outlines strategic blueprint to drive NPP victory in Tema East
8 hours