Audio By Carbonatix
Agricultural Development Bank (ADB) has started reaping some of the benefits that come with listing on the Ghana Stock Exchange.
It shares price witnessed some significant gains post listing on the local bourse.
This follows the listing over a little over 122 million ADB shares last Tuesday on the Ghana Stock Exchange.
ADB which actually listed at a price of GH¢2.65, today closed trade at, GH¢3.35.
Speaking at an official media program for its listing on Exchange today, Managing Director, Daniel Asiedu says they are putting place measures to sustain this interest.
“If investors are excited about your shares, then it looks like there is something they are looking out for and we will do everything to ensure that our performance is good to sustain this interest,” he said.
ADB was able to raise some GH¢326 million during its Initial Public offering. The planning to use part of the funds to support the bank's expansion plans.
Latest Stories
-
Daily Insight for CEOs: Managing costs without weakening the business.
9 minutes -
Weija Dam spillage determined by water inflows, not fixed schedule – GWL
16 minutes -
Ghana’s economy grows 6.0% in Q2 2026, first-half growth hits 6.2% – GSS
24 minutes -
GPL 2026/27: Kotoko, Debibi United face GFA charges after opening-day draw
25 minutes -
Apple expected to unveil first folding phone, with new CEO Ternus in commandÂ
26 minutes -
Weija Dam: GWL says plans are in place to desilt reservoir when necessary
38 minutes -
Weija Dam spillage necessary to prevent dam collapse – GWL
39 minutes -
FDA warns public over falsified Dr Alfred Capsules adulterated with sildenafil
48 minutes -
Afenyo-Markin demands urgent national dialogue over Ghana’s education challenges
49 minutes -
Iran and US hit tankers in biggest wave of attacks on shipping since war began
53 minutes -
Frustrated parents camp at GNAT hall as CSSPS resolution exercise enters day 3
59 minutes -
AFCON 2027Q: Accra Sports Stadium is ‘only approved’ venue – GFA
1 hour -
Education Ministry warns against fake CSSPS placement slips circulating on social media
1 hour -
Tuesday’s Weija Dam spillage was only a trial, actual spillage began today – GWL
1 hour -
Hong Kong’s first leader after British handover dies
1 hour