Business News of Monday, 16 August 2021Source: thebftonline.comThe local equities market appears set to provide its highest return in half a decade with the Exchange’s Composite Index (GSE-CI) returning a favorable 40% year-to-date (YtD). This comes after significant lows in 2014 and 2015, with -11.77 and -15.33% respectively, caused, in no small part by the crushing power crisis of the period. Also, the toll of the financial sector clean-up saw 2018 close at -0.29%, 2019 saw -12.25% and 2020 was worse off at 13.98%. TradeliveIn a move guaranteed to consolidate recent gains on the market as well as deepen trading activities, an emerging markets-focused investment firm, IC securities, has partnered with MTN to roll out an industry-first digital trading platform. There are plans to extend the equities-focused service to other mobile money providers, with further developments for the debt market in the works.

Source: GhanaWeb August 16, 2021 16:47 UTC